Forex Analysis for NZD/USD

14.04.2023XAUUSD, “Gold vs US Dollar”At the resistance, gold has formed a Hanging Man reversal pattern. The instrument is now going by the reversal signal in a descending wave. The target for the pullback might be 2025.50. Upon testing the support, the price could rebound from it and continue the up...

12.04.2023EURUSD, “Euro vs US Dollar”EURUSD is growing in a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 1.0870 is expected, followed by growth to 1.1105. An additional signal confirming the growth will be a ...

11.04.2023AUDUSD, “Australian Dollar vs US Dollar”On H4, the quotes are under the 200-day Moving Average, indicating the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, a downward breakout of 5/8 (0.6652) is expected, after which the price could drop to the supp...

11.04.2023XAUUSD, “Gold vs US Dollar”Near the resistance, gold has formed a Hammer reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The target for the growth might be 2050.00. After testing the resistance, the price could break it and continue the upt...

07.04.2023GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is pushing off the Tenkan-Sen line of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2395 is expected, followed by growth to 1.2685. An additional signal confirmi...

06.04.2023XAUUSD, “Gold vs US Dollar”Gold has formed a Shooting Star reversal pattern near the resistance level. Currently, the instrument is going by the reversal signal in a descending wave. The target for the correction might be 1990.00. After testing the support, the price could rebound from it ...

05.04.2023USDJPY, “US Dollar vs Japanese Yen”USDJPY is pushing off the support area. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 131.35 is expected, followed by growth to 136.55. An additional signal confirming the decline w...

05.04.2023The New Zealand dollar against the US dollar reacted positively to the actions of the RBNZ. The current NZDUSD quote is 0.6347.The Reserve Bank of New Zealand at its April meeting lifted the interest rate to 5.25% per annum from 4.75% previously. The forecast had suggested growth to 5.00%....

04.04.2023AUDUSD, “Australian Dollar vs US Dollar”On H4, AUDUSD quotes have broken the 200-day Moving Average and are now above it, hinting on possible development of an uptrend. The RSI is testing the support line. In these circumstances, we expect the price to rise above 3/8 (0.6774) and afterward...

03.04.2023XAUUSD, “Gold vs US Dollar”Near the resistance, gold has formed a Shooting Star reversal pattern. The instrument is now going by the reversal signal in a descending wave. The target for the correction might be 1920.00. Upon testing the support, the price could rebound from it and continue ...

03.04.2023EURUSD, “Euro vs US Dollar”EURUSD is correcting after a rebound from the resistance. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 1.0675 is expected, followed by growth to 1.1045. An additional signal confirming the...

29.03.2023XAUUSD, “Gold vs US Dollar”Near the support level, Gold has formed a Hammer reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The target for the growth could be 2000.00. Upon testing the resistance, the price will get the chance to break it a...

28.03.2023AUDUSD, “Australian Dollar vs US Dollar”On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI is nearing the resistance line. In these circumstances, we expect the quotes to test 2/8 (0.6713), make a rebound off it, and fall to the s...

24.03.2023XAUUSD, “Gold vs US Dollar”Near the resistance, gold has formed a Hanging Man reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The target of the decline might be 1970.50. Upon testing the support, the price might push off it and continue the...

21.03.2023XAUUSD, “Gold vs US Dollar”Near the resistance, gold has formed a Shooting Star reversal pattern. Currently, the instrument might go by the reversal signal in a descending wave. The target of the decline might be 1960.00. Upon testing the support level, the pair might push off it and conti...

21.03.2023AUDUSD, “Australian Dollar vs US Dollar”On H4, the quotes are under the 200-day Moving Average, which reveals the prevalence of a downtrend. The RSI has broken the support level. As a result, we expect the price to keep falling to the nearest support at 2/8 (0.6591). The scenario can be ca...

17.03.2023GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD has pushed back from the support level. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Kijun-Sen indicator line at 1.2105 is expected, followed by a rise to 1.2375. An additional signal in favor of the pair...

16.03.2023XAUUSD, “Gold vs US Dollar”Gold has formed a Shooting Star reversal pattern near resistance. At this stage, the signal from the reversal candlestick pattern is being worked out in a downtrending wave. The 1900.00 level may be the target for the decline. After the support is tested, the pri...

14.03.2023NZDUSD, “New Zealand Dollar vs US Dollar”NZDUSD is testing the upper boundary of the descending channel. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Tenkan-Sen indicator at 0.6205 is expected, followed by the rise to 0.6355. The rebound from the bottom...

14.03.2023AUDUSD, “Australian Dollar vs US Dollar”On H4, the AUDUSD is below the 200-day Moving Average, indicating a prevailing downtrend. The RSI is testing the resistance line. In this situation, a break down of the 2/8 level (0.6591) is expected, followed by a fall in price to the 1/8 support (0...

13.03.2023XAUUSD, “Gold vs US Dollar”Gold has formed a Falling Star reversal pattern near resistance. At this stage, the signal from the reversal candlestick pattern could go in a downward wave. The 1860.00 level will be the target for the decline. After the support is tested, the price has a chance...

07.03.2023AUDUSD, “Australian Dollar vs US Dollar”On H4, the quotes are under the 200-day Moving Average, which reveals prevalence of a downtrend. The RSI has broken through the support line. Further falling to the nearest support level at 1/8 (0.6652) is expected. The scenario can be cancelled by r...

07.03.2023XAUUSD, “Gold vs US Dollar”Gold has formed a Doji reversal pattern near the resistance level. The instrument is now going by the pattern in a descending wave. The target of the decline might be 1825.00. After a test of the support, the price might break through it and continue falling. How...

02.03.2023XAUUSD, “Gold vs US Dollar”At the support level, gold has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the correction might be 1855.00. Upon testing the resistance level, the price may push off it and continue the downtrend. ...

01.03.2023USDCAD, “US Dollar vs Canadian Dollar”USDCAD is testing the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.3595 is expected, followed by growth to 1.3825. An additional signal confirming the decline will be a...

28.02.2023AUDUSD, “Australian Dollar vs US Dollar”On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. The RSI has bounced off the resistance line. A downward breakaway of 2/8 (0.6713) should be expected, followed by falling to the support level of 1/8 (...

27.02.2023XAUUSD, “Gold vs US Dollar”At the support level, Gold has formed an Inverted Hammer reversal pattern. The instrument may now go by the signal in an ascending wave. The goal of the correction might be 1825.00. Upon testing the resistance level, the price might bounce off it and continue the...

22.02.2023EURUSD, “Euro vs US Dollar”EURUSD is pushing off the signal lines of the Cloud. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0685 is expected, followed by falling to 1.0465. An additional signal confirming the de...

21.02.2023AUDUSD, “Australian Dollar vs US Dollar”On H4, the quotes are under the 200-day Moving Average, revealing prevalence of a downtrend. The RSI has bounced off the resistance line. Now, a downward breakaway of 5/8 (0.6897) is to be expected, followed by falling to the support level of 4/8 (0....

20.02.2023XAUUSD, “Gold vs US Dollar”At the support level, gold has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1866.00. Upon testing the resistance level, the pair may break through it and continue the uptrend. Ho...