NZD/USD: bearish breakdown. Weekly price is located below Ichimoku cloud for the bearish market condition with the ranging within the following key support/resistance levels: 0.6881 resistance level located on the border between the primary bearish and the primary bullish trend on the weekly chart, and0.6380 support level located below Ichimoku cloud in the primary bearish area. Chinkou Span line of Ichimoku indicator is located near the price for the possible breakdown ...
NZD/USD: breakdown with the bearish reversal. The price broke Ichimoku cloud from above to below together with 0.6589 support level and it was stopped by 0.6513 support in the primary bearish area of the chart. Chinkou Span line of Ichimoku indicator is crossing the price to below for the breakdown to be continuing, and Absolute Strength indicator is estimating the bearish trend in the near and medium-term future for example. We are having 3 simple scenarios for the price movement ...
"The New Zealand Dollar looks poised to challenge two-month highs against its US counterpart below the 0.69 figure having extended upward for a third consecutive day. Prices have also broken above trend line resistance capping gains since July 2014, hinting a larger reversal may be ahead.""A daily close above the 0.6884-97 area marked by the 50% Fibonacci expansion and the October 15 high opens the door for a challenge of the 61.8% level at 0.6932. ...
D1 price is on primary bearish market condition with the local uptrend as the bear market rally: price broke 100 day SMA from below to above and it is located to be between 100 day SMA and 200 day SMA for the ranging condition wiaitng for direction: The price is trying to break 0.6835 resistance and 0.6896 resistance levels for the bullish reversal.Key support level for the bearish trend to be continuing without raning is 0.6463 level.RSI indicator is estomating the local ...
New Zealand's job ads increased for the third straight month in November, the results of a survey by ANZ showed Friday. more...
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