The pair NZD/USD broke the resistance at 0.8336 (new buy signal) at the end of last week, but seems to be in a consolidation phase. In the short term, the price is moving along a bullish slant (blue line) which acting as resistance.
Mar 26, 2013 | Forextribe
NSD/USD has been rising steadily in line with the following trade opportunity alert that we covered last Thursday. The breakout of this Falling Wedge accelerated the upward movement (as you can see on the on the second chart below) and helped the pair to break up above the resistance level that was specified in the original trade setup description (0.
By Dima Chernovolov | Mar 26, 2013 | Autochartist
AUD/USD today reached the target level 1.0286 that was given for this currency pair in the yesterday's trade opportunity alert (shown below). The pair started the day today with the sharp upward price impulse which quickly brought the pair up to the target level 1.0286 - in line with the time g...
By Dima Chernovolov | Mar 13, 2013 | Autochartist
Bearish swing; Rising trendline break: The NZD/USD has been bearish since 2/15 from the 0.8530 high. Momentum started to be bearish in the 4H chart as the RSI tagged 30, then held under 60 in pull backs.
By Fan Yang | Mar 07, 2013 | FX Times
The pair NZD/USD made an output this morning of its horizontal channel 0.83/0.8463 in which the pair evolved since the beginning of the year. The break of the resistance at 0.8463 ga us a new strong buy signal and release a high upside potential.
Feb 15, 2013 | Forextribe
The pair NZD/USD got out last Friday of our neutral zone 0.8350/0.8394 by the bottom, giving us a sell signal. After a new test of the support at 0.83, the price has rebounded towards 0.8394. Currently, the downward trend seems to take up. A new test of 0.83 is expected.
Feb 12, 2013 | Forextribe
After a long test of the major resistance at 0.8461 for several days, a correction has finally occured. The price is back in the neutral zone between the major support at 0.8350 and resistance at 0.8394.
Feb 08, 2013 | Forextribe
The pair NZD/USD seems to have difficulties to choose a direction these days. The price ranged from support at 0.83 and the resistance at 0.8393. However, these movements have allowed us to bring up a new downtrend channel whose upper limit is now close.
Feb 01, 2013 | Forextribe
Earlier this week, the New Zeland Dollar slumped sharply against the U.S. dollar before the retracement of all its bearish movement during the night. A V-Bottom pattern is formed and suggests a continuation of the bullish movement. The price is back above its short-term bearish slant (black line) and is testing the resistance at 0.8380.
Jan 30, 2013 | Forextribe
Autochartist recently identified the Clear Triangle chart pattern on the 4-hour NZD/USD charts. Higher Clarity reflects the smoothness of the price action during the formation of this chart pattern. The top of this Triangle (point A on the chart below) formed when the pair reverse.
By Dima Chernovolov | Jan 15, 2013 | Autochartist
The pair NZD/USD has tested yesterday its annua high of mid December and February 29th that rathers the resistance at 0.8463. The test of this level has led to a slight correction. The short term bullish slant (blue line) was broken and the price is moving towards a pullback on 0.84.
Jan 12, 2013 | Forextribe
V-Bottom pattern appeared on the last analysis was in the side of a pursuit the bullish movement and this scenario is being confirmed. The pair NZD/USD has just broken the resistance at 0.84, giving us a new buy signal. On the medium term, the price is moving away from its bearish slant (black line) after performing a pullback as support.
Jan 11, 2013 | Forextribe