NZD/USD
NZD/USD
NZD/USD – 1H – BUY
The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance at 0.58855 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.58634 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59470 |
| 2nd High | 0.59216 |
| Next High | 0.58855 |
| Current Price | 0.58775 |
| Next Low | 0.58634 |
| 2nd Low | 0.58359 |
| 3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers
NZD/USD – 30M – SELL
The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 0.58634 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.58855 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59470 |
| 2nd High | 0.59216 |
| Next High | 0.58855 |
| Current Price | 0.58624 |
| Next Low | 0.58634 |
| 2nd Low | 0.58359 |
| 3rd Low |
NZD/USD – 1H – SELL
The combination New Zealand Dollar/US Dollar (NZD/USD) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 0.58634 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.59216 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59722 |
| 2nd High | 0.59470 |
| Next High | 0.59216 |
| Current Price | 0.58636 |
| Next Low | 0.58634 |
| 2nd Low | 0.58359 |
| 3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows
NZD/USD – 1H – SELL
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.58542398 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 0.59216 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59722 |
| 2nd High | 0.59470 |
| Next High | 0.59216 |
| Current Price | 0.58697 |
| Next Low | 0.58634 |
| 2nd Low | 0.58359 |
| 3rd Low |
NZD/USD – 30M – SELL
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.58542398 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 0.59216 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59722 |
| 2nd High | 0.59470 |
| Next High | 0.59216 |
| Current Price | 0.58753 |
| Next Low | 0.58634 |
| 2nd Low | 0.58359 |
| 3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows
NZD/USD – 30M – BUY
The pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.58634 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.59216 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 0.59013748 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.59216 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59722 |
| 2nd High | 0.59470 |
| Next High | 0.59216 |
| Current Price | 0.58834 |
| Next Low | 0.58634 |
| 2nd Low | 0.58359 |
| 3rd Low |
NZD/USD – 1H – BUY
The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 0.59216 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.58737 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59722 |
| 2nd High | 0.59470 |
| Next High | 0.59216 |
| Current Price | 0.58758 |
| Next Low | 0.58737 |
| 2nd Low | 0.58359 |
| 3rd Low |