| Research & Analysis

Become a contributor

Bookmark Econotimes

| Research & Analysis

FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains

FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback

China’s Growth Faces Structural Challenges Amid Doubts Over Data

FxWirePro- Major Crypto levels and bias summary

European Stocks Rally on Chinese Growth and Mining Merger Speculation

U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures

Trump’s "Shock and Awe" Agenda: Executive Orders from Day One

Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance

FxWirePro- Major Pair levels and bias summary

FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns

FxWirePro: GBP/NZD remains buoyant, looks to extend gains

UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data

FxWirePro: GBP/USD outlook weaker on renewed downside pressure

S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays

Urban studies: Doing research when every city is different

FxWirePro: EUR/AUD eases slightly but trend is still bullish

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

©Econometrics LLC . All Rights Reserved.

FxWirePro: NZD/USD Trade Idea

Tuesday, November 27, 2018 5:36 AM UTC

NZD/USD chart on Trading View used for analysis

FxWirePro Currency Strength Index for NZD/USD: Bias Bearish
FxWirePro's Hourly NZD Spot Index was at -94.8295 (Bearish)
FxWirePro's Hourly USD Spot Index was at 68.5183 (Neutral)

Technical Analysis: Bias Bearish
- Upside rejected at 200-DMA
- Price action slips below 5-DMA and 23.6% Fib
- Stochs and RSI biased lower
- MACD shows bearish crossover
- Bearish divergence on Stochs

Support levels - 0.6718 (110-EMA), 0.6708 (38.2% Fib)
Resistance levels - 0.6794 (5-DMA), 0.6871 (200-DMA)

Recommendation: Good to go short on upticks, SL: 0.6820, TP: 0.6720/ 0.67

For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.

Editor's Picks

Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war?

Wall Street Slides as Iran War Uncertainty, Oil Surge, and AI Fears Rattle Markets

SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion

Stagflation Shadows: U.S. Manufacturing Shines as Services Slump to 11-Month Low

Scarcity and Strife: Bitcoin Hits Historic Milestone Amid Geopolitical Tremors

Strategy's Multi-Billion Dollar Bitcoin Accumulation: A 2026 Milestone

Market Data

Samsung Electronics Eyes Record Q1 Profit Amid AI-Driven Chip Boom

Strait of Hormuz Disruption Sparks Global Oil Supply Fears

Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover

U.S. Commandos Execute Daring Rescue Mission Deep Inside Iran

Oil Prices Surge as U.S.-Iran Conflict Threatens Global Supply

Ukraine Launches Massive Drone Offensive Across Russia, Knocking Out Power to Hundreds of Thousands

U.S. Futures Drop as Trump Issues Iran Military Deadline, Oil Prices Jump

Trump Issues Deadline for Iran to Reopen Strait of Hormuz Amid Escalating Conflict

Iran Rejects Trump's Hormuz Ultimatum, Threatens Wider Trade Disruption

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro: NZD/USD Trade Idea

Editor's Picks

Welcome to EconoTimes