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NZD/USD Analysis


Klimov

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Bears dominate at this pair now. On Tuesday the pair finds 0.6814 resistance level and rolls back to 0.6858. The weak US GDP data can help to overcome this level and raise the pair towards 0.7000. In the event of strong data pair decrease will proceed.

http://i11.pixs.ru/storage/9/4/0/NZDUSDH1pn_8956206_17793940.png

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  • 4 weeks later...
  • 4 weeks later...

The pair shows quite a good volatility. During Tuesday it rose for 160 pips and during Thursday fell almost as much. This wave gives the signal to buy the pair witch will test the resistance levels 0.6555 and 0.6624.

http://i10.pixs.ru/storage/1/7/9/NZDUSDH1pn_2151706_18404179.png

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  • 1 month later...

Today, after the news, the pair NZD / USD fell by 40 points, breaking support levels 0.6358 and 0.6339, but is currently being traded near support level 0.6358. If the pair manages to go back to the support, it is worth buying it to resistance levels 0.6385 and 0.6404. Otherwise, the pair will be re-sold to the support level 0.6339 and the lower border of the trading channel.

http://i11.pixs.ru/storage/4/5/7/NZDUSDH1pn_1822583_18816457.png

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  • 4 weeks later...

After the pair NZD/USD has reached the lower border of the trading channel and 0.6618 mark, it went to the North and is now traded above the resistance level 0.6658, and indicators say that today it is worth buying it to the resistance level 0,6698, where near the top of the channel it can be sold. Support levels for today are 0.6600 and 0.6560.

http://i11.pixs.ru/storage/2/2/3/NZDUSDH1pn_6849827_19132223.png

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  • 2 weeks later...

Yesterday's trading session was spent by the currency pair NZD/USD in the descending channel in the range 0.6812 - 0.6742. The pair is currently traded near the support level of 0.6732, and indicators point to the possibility of Sales to the level of support at around 0.6702 of the bottom border of the trading channel, where we should look for entry point to Buy. Resistance levels today - 0.6772 and 0.6802

http://www.imageup.ru/img225/2263648/nzdusdh1.png

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The pair NZD / USD is moving in the flat and bounced off the lower border of the rising channel, trying to pass the resistance level of 0.6751. But the indicators are now talking about the possibility to sell the pair to the support level 0.6717 and 0.6690. Purchase will be considered above the resistance level 0.6751 and sale - below the border of the trading channel.

http://www.imageup.ru/img271/2268440/nzdusdh1.png

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  • 1 month later...

For the last session, the trading range of the currency pair NZD/USD was 47 points, and today the pair has failed to pass the support level 0.6637. Based on indicators,we can considered it for sale to the support level 0.6617 and the lower border of the descending trading channel on H1, where we are to look for the entry point in purchase. Resistance levels are now at levels 0.6664 and 0.6684.

http://www.imageup.ru/img95/2298305/nzdusdh1.png

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  • 1 month later...

As seen on H4 chart, yesterday the pair NZD/USD has reached the upper boundary of the rising trading channel. At this time, the pair is still trading at the upper border of the channel and we consider long positions to the resistance levels 0,6764 and 0,6808 if it goes beyond the channel upwards. The sale should be planned below the support level 0,6703.

http://www.imageup.ru/img127/2343874/nzdusdh4.png

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