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NZDUSD buyers make a play.Trades above 50% retracement in trading today. More work to do.

NZDUSD

NZDUSD buyers make a play.Trades above 50% retracement in trading today. More work to do.

  • The 50% of the April trading range stailed the rallies last week. Today, there has been a break but the price has traded above and below the MA as well. Can the buyers keep the momentum going?
Greg Michalowski
Greg Michalowski
Monday, 29/04/2024 | 15:59 GMT-0
29/04/2024 | 15:59 GMT-0
Technical Analysis

NZDUSD holds resistance against 50% retracement this week and rotates lower. What next?

NZDUSD

NZDUSD holds resistance against 50% retracement this week and rotates lower. What next?

  • The price moves lower into trend line and swing area support.
Greg Michalowski
Greg Michalowski
Friday, 26/04/2024 | 18:16 GMT-0
26/04/2024 | 18:16 GMT-0
News

New Zealand March trade balance +588mn (prior -218mn)

New Zealand March trade balance +588mn (prior -218mn)

Eamonn Sheridan
Eamonn Sheridan
Tuesday, 23/04/2024 | 22:45 GMT-0
23/04/2024 | 22:45 GMT-0
Technical Analysis

NZDUSD extends to the upside on the back of a lower dollar today

nzdusd

NZDUSD extends to the upside on the back of a lower dollar today

  • The weaker data and lower yields has the NZDUSD pair moving above the close target resistance. Can the momentum continue?
Greg Michalowski
Greg Michalowski
Tuesday, 23/04/2024 | 15:37 GMT-0
23/04/2024 | 15:37 GMT-0
Technical Analysis

NZDUSD Technical Analysis

NZDUSD

NZDUSD Technical Analysis

  • The NZDUSD pair bounced on the key support zone around the 0.5870 level. What’s next?
FL Contributors
FL Contributors
Tuesday, 23/04/2024 | 12:07 GMT-0
23/04/2024 | 12:07 GMT-0
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