NZD/USD Price Analysis: Bulls attack 0.6990 hurdle inside weekly rising channel
25.03.2022, 06:56

NZD/USD Price Analysis: Bulls attack 0.6990 hurdle inside weekly rising channel

  • NZD/USD pokes weekly high inside a bullish chart formation.
  • Firmer RSI, sustained trading beyond the key HMAs keep buyers hopeful.
  • Channel’s resistance, November 2021 peak will challenge further upside.

NZD/USD hovers around weekly top close to 0.6990, easing to 0.6980 heading into Friday’s European session.

Even so, the kiwi pair remains firmer inside a one-week-old ascending trend channel bullish formation.

That said, the pair’s successful trading above the 200 and 100 HMAs join firmer RSI, not overbought, to keep buyers hopeful of crossing the 0.6990 immediate hurdle.

Following that, the 0.7000 threshold and upper line of the stated channel near 0.7030 will lure the NZD/USD bulls.

Although the RSI is likely to turn overbought by reaching 0.7030, any further upside will be challenged by the mid-November 2021 peak surrounding 0.7080.

Alternatively, pullback remains elusive until the quote stay above the support line of the aforementioned channel, near 0.6950.

Also acting as the downside filter is the 100-HMA and 200-HMA level, respectively around 0.6935 and 0.6885.

Even if the NZD/USD bears conquer the 200-HMA support, the weekly low of 0.6864 will act as an extra filter to the south.

NZD/USD: Hourly chart

Trend: Further upside expected

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik