NZD/USD-TA

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May 16, 2024

Chart NZD/USD Update: Sharply higher to extend break of .6050 resistance
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May 16, 2024 12:38 AM UTC

Break of the .6050 resistance has seen strong run-up through the .6100/10 level and the 50% Fibonacci retracement

May 15, 2024

Chart NZD/USD Update: Extending gains, room to .6083, .6100/10
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May 15, 2024 12:27 AM UTC

Turning higher from the .6000/.5985 support to retest the .6050 high

May 14, 2024

Chart NZD/USD Update: Extending consolidating below .6050 high
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May 14, 2024 12:17 AM UTC

Remains below the .6050 high as prices consolidate strong run-up from the .5875 low

May 13, 2024

Chart NZD/USD Update: Remains below the .6050 resistance
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May 13, 2024 12:41 AM UTC

Little change, as prices extend consolidation below the .6050 resistance high

May 10, 2024

Chart NZD/USD Update: Bounce return focus to .6050 high
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May 10, 2024 12:42 AM UTC

Shallow pullback from the .6050 high has given way to rebound at the .6000/.5985 area to return focus to the upside

May 09, 2024

Chart NZD/USD Update: Consolidating at .6000/.5985 support, room for lower
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May 9, 2024 12:33 AM UTC

Consolidating at the .5985 support though room remains for deeper pullback to extend rejection from the .6050 resistance

May 08, 2024

Chart NZD/USD Update: Lower in consolidation from the .6050 resistance
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May 8, 2024 12:33 AM UTC

Leaning lower from the .6050 high as prices unwind overbought intraday studies

May 07, 2024

Chart NZD/USD Update: Rang-bound in consolidation below .6050 resistance
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May 7, 2024 12:26 AM UTC

Settled back from the .6050 high as prices unwind overbought intraday studies and consolidate strong run-up from the .5875 low

May 06, 2024

Chart NZD/USD Update: Consolidating below .6050 resistance, higher later
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May 6, 2024 12:44 AM UTC

Break above the .5985 resistance on Friday saw follow-through above the .6000 level to reach the .6050 congestion

May 03, 2024

Chart NZD/USD Update: Extending gains, scope to retest .5985 high
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May 3, 2024 12:31 AM UTC

Extending gains from the .5874 low and break above the .5950 congestion see room for retest of the .5985 high

May 02, 2024

Chart NZD/USD Update: Limited gains
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May 2, 2024 12:45 AM UTC

  Steadied at the .5874 low though the downside remains vulnerable 

April 30, 2024

Chart NZD/USD Update: Extending gains, room to .6000 level
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April 30, 2024 12:41 AM UTC

 Clear break above the .5950 resistance extends gains from the low of last week to reach .5985 high

April 29, 2024

Chart NZD/USD Update: Consolidating, still room to extend gains
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April 29, 2024 12:21 AM UTC

  Remains in consolidation below the .5950 congestion area 

April 26, 2024

Chart NZD/USD Update: Still room to extend corrective gains
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April 26, 2024 12:37 AM UTC

  Pressure remains on the upside to reach the .5965 and clearance here will see room to further extend gains from the .5860 low

April 25, 2024

Chart NZD/USD Update: Limited gains, but scope for higher
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April 25, 2024 12:34 AM UTC

 Little change, as prices consolidate test of the .5950 congestion

April 24, 2024

Chart NZD/USD Update: Room to extend corrective gains
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April 24, 2024 12:36 AM UTC

 Extending bounce from the .5860 low as prices 

April 23, 2024

Chart NZD/USD Update: Higher in consolidation, room for stronger bounce
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April 23, 2024 12:41 AM UTC

 Turning higher in consolidation to extend bounce from the .5860 low 

April 19, 2024

Chart NZD/USD Update: Consolidating at the .5900 level
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April 19, 2024 12:33 AM UTC

Settled back in consolidation at the .5900 level after bounce attempt stalled ahead of the .5940 resistance

April 18, 2024

Chart NZD/USD Update: Poised for stronger gains from .5860 low
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April 18, 2024 12:36 AM UTC

Saw bounce from the .5860/50 support to regain the .5900 level as prices unwind the deep oversold intraday and daily studies

April 17, 2024

Chart NZD/USD Update: Consolidating at .5860/50 support
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April 17, 2024 12:38 AM UTC

Weak start has seen stab to .5860 low ahead of bounce as prices unwind the deep oversold intraday studies

February 26, 2024

NZD/USD flows: Dragged by regional sentiment before RBNZ
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February 26, 2024 4:57 AM UTC

TD joined the club to call for RBNZ hikes later this week
China says willing to work on free trade agreement with New Zealand

December 13, 2023

Chart NZD/USD Update: Leaning lower from .6222 high
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December 13, 2023 12:50 AM UTC

Asterisk denotes strength of level
00:20 GMT - Leaning lower in choppy trade from the .6222 high but the downside still limited and see support starting at the .6100 level. Daily studies are mixed and deeper pullback cannot be ruled out. Below this will see room to the strong support at the .6085/.60