- Analytics
- News and Tools
- Market News
- NZD/USD Price Analysis: The bears are taking over and trying to move towards a 50% mean reversion
NZD/USD Price Analysis: The bears are taking over and trying to move towards a 50% mean reversion
- NZD/USD seeking a clean break below the 38.2% Fibo.
- A run to the 50% mean reversion opens risk to the 61.8% and further.
The bulls are tiring at daily resistance and the bears are taking over in the Asian session. The following illustrates the bias to the upside from prior analysis, NZD/USD Price Analysis: Bulls move in on critical daily resistance, which has now flipped bearish.
NZD/USD prior analysis, H1 chart
NZD/USD live update
The price is deteriorating as the bulls start to throw in the towel leaving plenty of hourly structure behind them as the bears start to carve out a bearish case for the end of the week. The bears will need to commit around the 38.2% at this juncture, however, or this will likely move into a phase of messy consolidation for the session ahead. A move below the 61.8% Fibo, however, could be significant and open a move to mitigate the price imbalance in fast consesion to the 78.6% ratio.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
