The NZD/USD pair has witnessed a minor rebound around 0.6284 after displaying a firmer south-side move. The kiwi bulls may get stronger on violating the opening price at 0.6322 for today’s session but will remain weaker on a broader note. This week, the asset extended its losses after slipping below the previous week’s low at 0.6394.
On a weekly scale, the asset has witnessed a sheer downside move after tumbling below the cushion of January’s low at 0.6529. The major is marching towards the 61.8% Fibonacci retracement (plotted from 20 March 2020 low at 0.5470 to 26 February 2021 high at 0.7466) at 0.6234.
The declining 10- and 20-period Exponential Moving Averages (EMAs) at 0.6619 and 0.6707 respectively add to the downside filters.
It is worth noting that the Relative Strength Index (RSI) (14) has tumbled below 30.00 for the very first time in the last two years on a weekly scale, which signals an oversold situation on the counter.
Kiwi bulls may find a pullback after the asset touches the 61.8% Fibo retracement at 0.6234. This will drive the asset higher towards the round level resistance at 0.6400, followed by February 18 low at 0.6593.
On the flip side, the greenback bulls will extend their losses if the asset plunges below the round level support of 0.6200. This will drag the major towards a 29 May 2020 low and psychological support at 0.6083 and 0.6000 respectively.
-637877475319827672.png)
© 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.
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.
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.