Forex Analysis for NZD/USD

Relevance up to 09:00 2020-07-11 UTC+2 Good afternoon traders! A trading idea for the NZD / USD pair. Yesterday, a false breakout from last month's high occurred, which closed the quotes below the level of 0.65800. Trade short positions to lower the pair even more in the trading chart. The goal....

10.07.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the uptrend continues. After finishing a Shooting Star reversal pattern not far from the resistance level, XAUUSD is reversing and correcting towards rising channel’s downside border. One may assume that later the pair may complete ...

Relevance up to 07:00 2020-07-11 UTC+2 The upward movement continues from July 1. This indicates the strength of the New Zealand dollar. In these conditions, any reduction must be used to find favorable prices for purchasing the instrument. It is not profitable to buy from the current levels sinc....

Relevance up to 07:00 2020-07-09 UTC+2 The PMI in the services sector (which, by the way, is 88% of the entire US economy) rose to 57.1% in June, significantly exceeding forecasts. New orders also increased by 61.6%, while business activity by 66%, and all this is happening against the background ....

Relevance up to 07:00 2020-07-09 UTC+2 It seems that financial markets, weighing on invisible scales the prospects of a second wave of coronavirus infection and the fact of a sustained recovery of the world economy, are beginning to choose the second.The published data on employment in the States ....

07.07.2020AUDUSD, “Australian Dollar vs US Dollar”In the H4 chart, AUDUSD is still trading inside the “overbought area”. However, the pair has already broken +1/8 and may continue growing to reach the resistance at +2/8. However, this scenario may be canceled if the price breaks +1/8 to the downside...

07.07.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the uptrend continues. After finishing another Doji reversal pattern not far from the rising channel’s downside border, XAUUSD is reversing and correcting from the horizontal resistance level. One may assume that later the pair may ...

Relevance up to 07:00 2020-07-08 UTC+2 The very good data on US employment published on Thursday not only had a noticeable local impact on the US dollar, which fell to major currencies over the week, but also inspired stock markets, allowing major US, European and Asian stock indices to finish the....

Relevance up to 04:00 2020-07-05 UTC+2 In the second half of this week, the pair resumed its upward medium-term movement. This makes it possible to hold purchases that were opened earlier. Yesterday there was a test of the weekly control zone of 0.6547-0.6532. The reaction does not look like a re....

02.07.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. After finishing the pullback and testing the support level, XAUUSD has formed a Hammer pattern. At the moment, the price may start reversing to continue the uptrend. In this case, the upside target ...

Relevance up to 07:00 2020-07-02 UTC+2 Good afternoon traders! A trading idea for the NZD / USD pair. As part of the general short-term trend, a false breakout occurred yesterday, in which the quotes closed even lower in the market. Open short positions and follow the trading idea below: The tar....

30.06.2020AUDUSD, “Australian Dollar vs US Dollar”In the H4 chart, AUDUSD is still trading inside the “overbought area”. In this case, the pair is expected to break 8/8 and then continue falling to reach the support at 7/8. However, this scenario may be canceled if the price breaks +1/8 to the upsid...

Relevance up to 04:00 UTC+2 Trading RecommendationEntry: 74.31Reason for Entry: Horizontal swing high resistance Take Profit :73.87Reason for Take Profit: 50 fib retracementStop Loss:74.66Reason for Stop loss: Horizontal swing high resistance *The market analysis posted here is meant to increase y....

Long-term review Minute operational scale (H4) What did the commodity currency instruments AUD/USD, USD/CAD, and NZD/USD prepare for us in early July (H4) - development options for the movement on June 30, 2020.____________________ Australian dollar vs US dollar From June 30, 2020, the development....

Relevance up to 10:00 2020-06-30 UTC+2 Today we take a look at NZDUSD and see how we are going to play the bounce!We use Fibonacci retracements, extensions, support/resistance, momentum and trend lines to identify trading opportunities in this exciting pair today! *The market analysis posted ....

Relevance up to 07:00 UTC+2 According to the CFTC report, the total short position on the dollar rose by 13% over the week, the weakening dollar is increasing, indicating weak concerns about the second wave of the pandemic. But even if the coronavirus returns, there will be no new restrictive mea....

29.06.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. After finishing the pullback and testing the support level, XAUUSD has formed an Engulfing pattern. At the moment, the price is reversing and may continue moving upwards. In this case, the upside ta...

29.06.2020BTCUSD, “Bitcoin vs US Dollar”BTCUSD is trading at 9076.00; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 9265.00 and then resume moving downwards to reach 8450.00. Ano...

Relevance up to 04:00 UTC+2 Today, the pair is trading between two significant zones. The main resistance is the Weekly Control Zone 1/2 0.6478-0.6471. Testing this zone will allow you to get the most favorable prices for selling the instrument. The target zone remains the weekly control zone 0.6....

Relevance up to 09:00 2020-06-27 UTC+2 Good afternoon traders! A trading idea for the NZD / USD currency pair. For the past two weeks, buy stops have been placed at the level of 0.63700. As a result, on Wednesday, a good short-term initiative appeared, from which a breakout may occur from the le....

Relevance up to 06:00 2020-06-28 UTC+2 Work in the downward direction is a priority because the bearish pattern is not completed. The determining resistance is WCZ 1/2 0.6478-0.6471. If the zone is tested, this will make it possible to enter the sale at the best prices. The target weekly shortcut....

Relevance up to 06:00 2020-06-27 UTC+2 Investors continue to ignore the positive data coming out of Europe and the US, which point to the emerging bottom after a strong decline in economic activity against the backdrop of a coronavirus pandemic that forced previously economically developed countr....

26.06.2020BTCUSD, “Bitcoin vs US Dollar”BTCUSD is trading at 9180.00; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 9205.00 and then resume moving downwards to reach 8835.00. Ano...

Relevance up to 17:00 2020-06-26 UTC+2 The Reserve Bank of New Zealand at its last meeting, which was held yesterday, June 24, tried to reduce the exchange rate of the national currency. In part, it succeeded: the New Zealand dollar reacted negatively to the "dovish" rhetoric of the RBNZ, and in p....

Relevance up to 13:00 2020-06-25 UTC+2 The euro managed to maintain its position against the US dollar and other world currencies after today's reports on business sentiment in France and the expectations of the V-shaped recovery of the German economy, as evidenced by the IFO indices. The mood i....

Relevance up to 10:00 2020-06-25 UTC+2 Today we take a look at USDCAD and see how we are going to play the bounce!We use Fibonacci retracements, extensions, support/resistance, momentum and trend lines to identify trading opportunities in this exciting pair today! *The market analysis posted ....

Relevance up to 08:00 2020-06-26 UTC+2 Macroeconomic data from a number of G10 countries published on Tuesday are entirely in the green zone, which added to the optimism of players and contributed to the growth of stock indexes and overall confidence that the global economy has started a recovery....

Relevance up to 09:00 2020-06-25 UTC+2 Trading RecommendationEntry: 1.13331Reason for Entry: Descending channel resistance, 61.8% fibonacci retracement and 127.2% fibonacci extensionTake Profit: 1.11514Reason for Take Profit: Horizontal pullback support, 50% fibonacci retracementStop Loss: 1.14188....

24.06.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, after testing the resistance level, XAUUSD has formed a Shooting Star pattern. Possibly, the pair may reverse and start a new pullback towards 1750.00. Later, the market may resume the ascending tendency to reach the resistance leve...

Today at 5:00 MetaTrader time the Reserve Bank of New Zealand will publish the rate statement. This is a wonderful opportunity for traders of the New Zealand dollar. Let’s consider the main expectations from the regulator. What to expect? The interest rate is expected to remain unchanged at 0.25%. A...