empty
 
 

Forex Analysis & Reviews: NZD/USD: upside reversal signaled
time 28.09.2022 09:00 PM
time Relevance up to, 29.09.2022 09:00 PM

This image is no longer relevant

NZD/USD: Strong Buyers!

The NZD/USD pair registered a strong growth after finding strong demand at the 0.5574 level. Now, it is trading at 0.5729 at the time of writing and it seems determined to approach and reach new highs after passing above the 0.5708 former high and above the downtrend line which represented upside obstacles.

Passing above these levels signaled that the downtrend could be over and that the price could develop a new swing higher.

NZD/USD Trading Conclusion!

Breaking above 0.5708 and through the downtrend line indicates a potential upside reversal in the short term. Stabilizing above these broken obstacles could bring new buying opportunities.

Ralph Shedler,
Chuyên gia phân tích của InstaForex
© 2007-2023
NZDUSD
New Zealand Dollar vs US Dollar
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Start trade
Start trade

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    THAM GIA CUỘC THI
  • Tiền gửi lần truy cập
    Ký quỹ tài khoản của bạn với $3000 và nhận được $1000 nhiều hơn!
    Trong Tháng 02 chúng tôi xổ $1000 trong chiến dịch Chancy Deposit!
    Có được một cơ hội giành chiến thắng bằng việc ký quỹ $3000 vào một tài khoản giao dịch. Đáp ứng được điều kiện này, bạn trở thành một người tham gia chiến dịch.
    THAM GIA CUỘC THI
  • Giao dịch khôn ngoan, thành công
    Nạp tiền vào tài khoản của bạn với ít nhất $ 500, đăng ký cuộc thi và có cơ hội giành được các thiết bị di động.
    THAM GIA CUỘC THI
  • 100% tiền thưởng
    Cơ hội duy nhất của bạn để nhận 100% tiền thưởng khi gửi tiền
    NHẬN THƯỞNG
  • 55% Tiền thưởng
    Đăng ký tiền thưởng 55% cho mỗi lần gửi tiền của bạn
    NHẬN THƯỞNG
  • 30% tiền thưởng
    Nhận 30% tiền thưởng mỗi khi bạn nạp tiền vào tài khoản của mình
    NHẬN THƯỞNG

Recommended Stories

Analysis of Gold for February 07,.2023 - Potential for the brekaout of the triangle

Technical analysis: Gold has been trading sideways in last 24 hours and I see potential for the breakout of the range to the upside. Trading recommendation: Due to the sideways

Petar Jacimovic 09:33 2023-02-07 UTC+2

Technical Analysis of GBP/USD for February 7, 2023

Technical Market Outlook: The GBP/USD pair keeps moving lower as the bears broke through the technical support located at the level of 1.2086 and are below 61% Fibonacci retracement level

Sebastian Seliga 09:08 2023-02-07 UTC+2

Technical Analysis of EUR/USD for February 7, 2023

Technical Market Outlook: The EUR/USD pair had made Tweezer Bottom candlestick pattern on H4 time frame chart, so a potential bounce/reversal is on table now. The bears had broken below

Sebastian Seliga 09:07 2023-02-07 UTC+2

Indicator analysis: Daily review of GBP/USD on February 7, 2023

The pound-dollar pair may move upward from the level of 1.2015 (closing of yesterday's daily candle) to test 1.2108, the 23.6% pullback level (yellow dotted line). When testing this level

Stefan Doll 08:41 2023-02-07 UTC+2

Technical Analysis of Daily Price Movement of EUR/USD Main Currency Pair, Tuesday February 07, 2023.

With the appearance of deviations between price movements and the Stochastic Oscillator indicator, the EUR/USD main currency pair is confirmed to have downward movement but in the next few days

Arief Makmur 08:32 2023-02-07 UTC+2

Technical Analysis of Daily Price Movement of Gold Commodity Asset, Tuesday February 07, 2023.

On the daily chart, the gold commodity asset appears to be biased to still be in a bullish condition. This can be seen from the price movement inside the Pitchfork

Arief Makmur 08:32 2023-02-07 UTC+2

Indicator analysis: Daily review of EUR/USD on February 7, 2023

The euro-dollar pair may move upward from the level of 1.0725 (closing of yesterday's daily candle) to test 1.0756, the 14.6% pullback level (red dotted line). From this level, continued

Stefan Doll 08:31 2023-02-07 UTC+2

Forecast for EUR/USD on February 7, 2023

Yesterday, the euro managed to overcome the support of the 1.0758/87 target range as well as the MACD line, which has already been embedded. Now the nearest target is 1.0660

Laurie Bailey 03:53 2023-02-07 UTC+2

Forecast for GBP/USD on February 7, 2023

On the daily chart, the British pound has settled below the balance indicator line. The current short-term trend is a downtrend, but the reversal of the oscillator line indicates

Laurie Bailey 03:53 2023-02-07 UTC+2

Forecast for USD/JPY on February 7, 2023

Yesterday, the Japanese yen lost 146 points on news about the next Bank of Japan governor as current BOJ Governor Haruhiko Kuroda is set to leave his position on April

Laurie Bailey 03:53 2023-02-07 UTC+2
Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.