- Analytics
- Market analysis
- Technical Analysis
- NZD/USD is rising and has risen above the MA (200) Н1.
NZD/USD is rising and has risen above the MA (200) Н1.
Today, the NZD/USD pair is mostly rising from 0.5920 to 0.5980 and may hit a 3-week high of 0.5985. On the hourly chart, the pair has pushed away from the MA (200) H1 (0.5920) moving average line, while on the four-hour chart it is testing the MA (200) H4 (0.5940). Technically speaking, the 0.5985 resistance level may keep prices from rising further. The lower boundary of 0.5890 represents a strong support level.
Resistances are at the marks: 0.5985, 0.6015, 0.6120
An alternative scenario: 0.5920, 0.5890, 0.5860
The main scenario for the pair suggests a break of resistance at 0.5985 (Sept 20 high) and there could be a rise to 0.6015 (Sept 1 high).
The alternative scenario implies a session low of 0.5920 and there could be a decline to 0.5890 (Sept 15-18 low).
© 2000-2024. 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
