NZD/USD Price Analysis: Formation of an Inverted H&S favors a solid upside NZDUSD Reversal ChartPatterns Fed SupportResistance
onday after failing to recapture the immediate resistance of 0.6280. Mixed responses to the interest rate policy of the Federal Reserve have shifted the major to the sideline.
NZD/USD is forming an Inverted Head and Shoulder chart pattern on a four-hour scale. The chart pattern displays a prolonged consolidation and results in a bullish reversal after a breakout of the neckline, which is plotted from the March 01 high at 0.6276. Meanwhile, the Relative Strength Index is making efforts in reclaiming the bullish range of 60.00-80.00. An occurrence of the same would solidify the Kiwi asset further.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
NZD/USD Price Analysis: Drops back towards 200-EMA around 0.6250, buyers stay hopefulNZD/USD Price Analysis: Drops back towards 200-EMA around 0.6250, buyers stay hopeful NZDUSD Technical Analysis SwingTrading ChartPatterns SupportResistance
Consulte Mais informação »
NZD/USD Price Analysis: Bulls struggle to find acceptance above 38.2% Fibo./200-day EMAThe NZD/USD pair retreats from over a one-month high, around the 0.6280 region touched earlier this Monday and maintains its offered tone heading into
Consulte Mais informação »
NZD/USD struggles around 0.6280 as investors await PBoC policyThe NZD/USD pair is facing barriers in extending its upside above the immediate resistance of 0.6280 in the early Asian session. The Kiwi asset is exp
Consulte Mais informação »
NZD/USD bears are moving in to test H1 structureNZD/USD is meeting a prior area of support on the hourly charts as the bears move in from the session´s highs near 0.6280. NZD/USD has traveled betwee
Consulte Mais informação »
NZD/USD fails to capitalize on a weaker US Dollar and tumbles below the 200-DMANZD/USD reversed its course after piercing the 200-day Exponential Moving Average (EMA), tumbling 0.12%, as Wall Street is about to close. US equities
Consulte Mais informação »
USD/CAD Price Analysis: Falls but faces solid support around the 20-DMAUSD/CAD is erasing last Friday’s gains, hovering at around the 20-day Exponential Moving Average (EMA) at 1.3661 after hitting a daily high of 1.3746.
Consulte Mais informação »