- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- NZD/USD Price Analysis: Fades bounce off 100-SMA below 0.6340 resistance
NZD/USD Price Analysis: Fades bounce off 100-SMA below 0.6340 resistance
- NZD/USD struggles to extend the previous day’s run-up below two-month-old resistance line.
- RSI hints at limited upside room, two-week-old ascending trend line adds to the downside filters.
- Multiple supports below 0.6200 signal bumpy road for bears.
NZD/USD bulls take a breather, after snapping a two-day downtrend, as the quote seesaws around the 0.6300 threshold during Friday’s Asian session.
In doing so, the Kiwi pair fades bounce off 100-SMA and an 11-day-long support line. The pullback also takes place ahead of the resistance line stretched from June 2022.
It’s worth observing that the lower highs of the RSI (14) also invalidate the previous recovery and hence keeping NZD/USD sellers hopeful.
With this in mind, the intraday bears can aim for the 38.2% Fibonacci retracement of the June-July downside, near 0.6260.
However, the 100-SMA and the aforementioned support line, respectively around 0.6240 and 0.6215, could challenge the NZD/USD sellers afterward.
In a case where the quote drops below 0.6215, the 0.6200 and multiple supports beyond 0.6100 could challenge the further downside.
Alternatively, recovery moves may initially attack the 50% Fibonacci retracement level of 0.6320 before poking the downward sloping resistance line from June, close to 0.6335 by the press time.
In a case where the NZD/USD prices rally beyond 0.6335, the mid-June swing high near 0.6395 and the 0.6400 could lure the bulls.
NZD/USD: Four-hour chart
Trend: Pullback expected
© 2000-2024. 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.
Банковни транcфери
