The NZD/USD continued its descent on Monday, moving below the 20-day Simple Moving Average (SMA) of 0.6140 the buyers managed to clear most of its daily losses. The pair seems to be stuck in a state of consolidation following the sharp surge last week to 0.6220. Despite buyers' attempts, the 20-day SMA could not be sustained, and losses could potentially extend if this trend continues.
Meanwhile, on the daily chart, the Relative Strength Index (RSI) has maintained its negative momentum, suggesting a faltering buying pressure. The downward orientation of the RSI is consistent with the flat red bars displayed by the Moving Average Convergence Divergence (MACD), further emphasizing the ongoing consolidation narrative.
The NZD/USD's immediate resistance level stands at the 20-day SMA of 0.6140. Simultaneously, the convergence of the 100 and 200-day SMAs in the 0.6050-0.6060 region builds a sturdy support base for the pair, which is likely to aid in correction should the bears seize control. Movements below this convergence point could indicate sell conditions.
Furthermore, the main resistance continues to stand at the 0.6200 level. A breach at this point could be viewed as a buy signal, signaling an overturn of the bearish sentiment.
© 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.