The movement of NZD/USD towards the resistance line of a Inverse Head and Shoulders is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or […]
NZD/USD has broken through a line of 0.6621 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 0.6609 can be expected within the next […]
A movement of 2.22% over 9 days on NZD/USD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? […]
NZD/USD has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of NZD/USD to test 0.6698 within the next 15 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before […]
NZD/USD is moving towards a line of 0.6721 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If NZD/USD continues in its current trajectory, we […]
NZD/USD is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 15 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at short […]
The movement of NZD/USD towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
A movement of 3.02% over 15 days on NZD/USD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? […]
By: Dima Chernovolov NZD/USD continues to rise inside the hourly Rising Wedge chart pattern which was earlier identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 7-bar level – which is the result of the strong Initial Trend (9 bars), below-average Uniformity (4 bars) and higher Clarity (8 bars). NZD/USD is […]
NZD/USD has experienced an exceptionally large movement higher by 2.09% from 0.651 to 0.665 in the last 9 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? If you open a live account with a broker that support Autochartist, you’ll get: Analysis […]
