NZD/USD Price Analysis: Bears tighten their grip and present battle at around 0.6000
13.05.2024, 22:19

NZD/USD Price Analysis: Bears tighten their grip and present battle at around 0.6000

  • The daily RSI and MACD indicate diminishing buying momentum as bulls struggle to gain further ground.
  • The hourly indicators reveal that sellers have a slight upper hand ahead of the Asian session.

In Monday's session, the NZD/USD pair traded with mild losses, and sellers gained ground. As the pair is facing strong resistance at the 200-day Simple Moving Average (SMA), the pair struggles to consolidate advances. Indicators are flattening and indicate that the moment of the bulls may be coming to an end.

On the daily chart, the Relative Strength Index (RSI) shows a flattening traction above 50. At the same time, the Moving Average Convergence Divergence (MACD) histogram reveals a decrease in buying momentum, demonstrated by diminishing green bars.

NZD/USD daily chart

The hourly RSI indicates a slightly negative trend with the latest reading falling towards its middlepoint, showing a slight dominance from the sellers in the market. This is supported by the MACD, which also prints decreasing green bars, further confirming the decrease in buying momentum at an intraday level.

NZD/USD hourly chart

Interpreting the broader perspective, the NZD/USD is positioned below the thresholds of its 100, 200-day Simple Moving Averages (SMA). Significant bearish momentum, implying a prevailing downward trend in both the medium and long term. However, if the buyers defend the 20-day SMA, they may still have some hope to make another stride to reclaim the 200-day SMA.4

 

NZD/USD

Overview
Today last price 0.6017
Today Daily Change -0.0005
Today Daily Change % -0.08
Today daily open 0.6022
 
Trends
Daily SMA20 0.595
Daily SMA50 0.6011
Daily SMA100 0.6089
Daily SMA200 0.6038
 
Levels
Previous Daily High 0.6041
Previous Daily Low 0.6009
Previous Weekly High 0.6041
Previous Weekly Low 0.598
Previous Monthly High 0.6079
Previous Monthly Low 0.5851
Daily Fibonacci 38.2% 0.6021
Daily Fibonacci 61.8% 0.6029
Daily Pivot Point S1 0.6007
Daily Pivot Point S2 0.5992
Daily Pivot Point S3 0.5975
Daily Pivot Point R1 0.6039
Daily Pivot Point R2 0.6056
Daily Pivot Point R3 0.6071

 

 

© 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.

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