FOREX analysis detail

NZDUSD on the way of Upside Correction towards 0.668 level.

NZDUSD on the way of Upside Correction towards 0.668 level.

According to daily NZDUSD chart this pair already took 50% Fibonacci retracement (highlighted yellow line). We saw that during Friday NFP this pair took bearish breakout and move towards 0.66 levels where dynamic support & EMA 50 level have. Now price trying to take upside correction and expected target zone is 0.668 and it can be a logical pullback zone.

Suggestion: Wait and go for short position from 0.668 level and ideal target can be 0.66 levels.

DAILY PIVOT:  Check Chart for Exact PIVOT Price Level.

TRADING SESSION

sydneySydeny Closed
tokyoTokyo Closing
londonLondon
Closed
newyorkNew York
Closed

Recent Market Analysis

  • EUR/USD CORRECTION ACCEPTED

    EUR/USD CORRECTION ACCEPTED

    EUR/USD power can extend to 1.1019 or even higher than 1.1036 as declines are expected to find support at 1.0988 or 1.0972 regions. A fall below 1.0939 could turn it bearish.   Ex-High: 1.1034 Ex-Low:  1.0970   Supports and Resistance levels: Support 1:  1.0972                                   Supports 2: 1.0939 Resistance 1:   1.1036                             Resistances 2: 1.1067 Pivot:  1.1003  

    37 3 days ago

  • EUR/USD BEARS ARE STILL IN CONTROL

    EUR/USD BEARS ARE STILL IN CONTROL

    EUR/USD correction down to 1.0914 or lower is now expected from 1.1009 or 1.1028 region. A break above 1.1028 is needed to twist bullish.   Ex-High: 1.0990 Ex-Low:  1.0952   Supports and Resistance levels: Support 1:  1.0952                                   Supports 2: 1.0933 Resistance 1:   1.0990                             Resistances 2: 1.1009 Pivot:  1.0971  

    52 4 days ago

  • EUR/USD BEARISH PROSPECTIVE

    EUR/USD BEARISH PROSPECTIVE

    EUR/USD current rise seems to be over near 1.0962 or 1.0981 zone for a retracement towards 1.0943 - 1.0932 regions.   Ex-High: 1.0964 Ex-Low:  1.0904   Supports and Resistance levels: Support 1:  1.0922                                  Supports 2: 1.0883 Resistance 1:   1.0981                             Resistances 2: 1.1002 Pivot:  1.0943  

    71 1 week ago

  • EUR/USD CORRECTION ACCEPTED

    EUR/USD CORRECTION ACCEPTED

    EUR/USD might not go lower than 1.0892 - 1.0874. Following this move down it should go up to 1.0924 - 1.0936 zone.   Ex-High: 1.0948 Ex-Low:  1.0885   Supports and Resistance levels: Support 1:  1.0874                                   Supports 2: 1.0848 Resistance 1:   1.0936                             Resistances 2: 1.0973 Pivot:  1.0911  

    85 1 week ago

  • EUR/USD BEARISH PROSPECTIVE

    EUR/USD BEARISH PROSPECTIVE

    EUR/USD might trade lower to 1.0923 or 1.0881 in extension whereas 1.0950 - 1.0965 offer resistance. A break of 1.0989 will damage this bearish sight.   Ex-High: 1.0959 Ex-Low:  1.0905   Supports and Resistance levels: Support 1:  1.0912                                   Supports 2: 1.0881 Resistance 1:   1.0965                             Resistances 2: 1.0989 Pivot:  1.0935  

    96 2 weeks ago

Advertisement

Market Summary

Economic Calender

Broker Section
SOCIAL NETWORKS :
SOCIAL NETWORKS :