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Previous Analysis Of The Nzd/usdTitle:
Technical analysis of the NZD/USD pair on May 18th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued its bearish movement and the breakouts of 0.7668 and 0.76 both gave us a new sell signal.
The pair is now moving below the lower band of its bearish channel (purple lines).
The opening gap is still not filled in.
All indiactors are bullish.
Currently, the pair is testing the support at 0.7550.
We continue to advise short positions as far as 0.77 is resistance.
The breakout of 0.7550 will give a new sell signal and open the way towards 0.75 and 0.7450
In case of return above 0.77, we will be neutral between this level and 0.78.
The breakout of 0.78 will give a buy signal.
See the previous analysis of the NZD/USD pair of May 17th, 2012
NZD/USD Analysis
Title:
Technical analysis of the NZD/USD pair on May 17th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD continues to test the support at 0.7668.
This level match with the lower band of its bearish channel (purple lines).
The opening gap is still not filled in.
All indiactors are bullish.
We continue to advise short positions as far as 0.78 is resistance.
The breakout of 0.7668 will give a new sell signal and open the way towards 0.76.
In case of return above 0.78, we will be neutral between this level and 0.7836.
The breakout of 0.7836 will give a buy signal.
See the previous analysis of the NZD/USD pair of May 16th, 2012
NZD/USD Analysis
Title:
Technical analysis of the NZD/USD pair on May 16th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued its bearish movement and the breakout of 0.7750 and 0.77 both gave us a new sell signal.
Currently, 0.7668 seems to act as support.
This level match with the lower band of its bearish channel (purple lines).
The gap is still not filled in.
All indiactors are bullish.
We continue to advise short positions as far as 0.78 is resistance.
The breakout of 0.7668 will give a new sell signal and open the way towards 0.76.
In case of return above 0.78, we will be neutral between this level and 0.79.
See the previous analysis of the NZD/USD pair of May 15th, 2012
NZD/USD Analysis
Title:
Technical analysis of the NZD/USD pair on May 15th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued its bearish movement and the breakout of 0.78 gave us a new sell signal.
Currently, the pair is testing the next support at 0.7754.
The gap is still not filled in.
All indiactors are bullish.
The pair is moving into its former bearish channel (purple lines).
We continue to advise short positions as far as 0.7923 is resistance.
The breakout of 0.7754 will give a new sell signal and open the way towards 0.77.
In case of return above 0.7923, we will be neutral between this level and 0.7970.
See the previous analysis of the NZD/USD pair of May 14th, 2012
NZD/USD Analysis
Title:
Technical analysis of the NZD/USD pair on May 14th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued its bearish movement and opened on a bearish gap below the support at 0.7838 (new sell signal).
The gap is still not filled in.
All indiactors are bullish.
The pair is moving into its former bearish channel (purple lines).
We continue to advise short positions as far as 0.7950 is resistance.
The breakout of 0.78 will give a new sell signal and open the way towards 0.7754.
In case of return above 0.7950, we will be neutral between this level and 0.80.
See the previous analysis of the NZD/USD pair of May 11th, 2012
NZD/USD Analysis
Title:
Technical analysis of the NZD/USD pair on May 11th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD is again testing the support at 0.7838.
All indicators are bearish.
The pair is moving into its former bearish channel (purple lines).
We continue to advise short positions as far as 0.7950 is resistance.
The breakout of 0.7838 will give a new sell signal and open the way towards 0.78 and 0.7754.
In case of return above 0.7950, we will be neutral between this level and 0.80.
See the previous analysis of the NZD/USD pair of May 10th, 2012
NZD/USD Analysis
Title:
Technical analysis of the NZD/USD pair on May 10th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued yesterday its bearish movement and 0.7838 acted as support.
Currently, the pair is making a small correction.
All indicators are bearish.
The pair is moving into its former bearish channel (purple lines).
We continue to advise short positions as far as 0.80 is resistance.
The breakout of 0.7838 will give a new sell signal and open the way towards 0.78 and 0.7754.
In case of return above 0.80, we will be neutral between this level and 0.8050.
See the previous analysis of the NZD/USD pair of May 9th, 2012
NZD/USD Analysis
Title:
Technical analysis of the NZD/USD pair on May 9th, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has continued its bearish movement and the breakout of 0.7921 gave us a new sell signal.
Currently, the pair is testing the next support at 0.7850.
All indicators are bearish.
The pair is moving into its former bearish channel (purple lines).
We continue to advise short positions as far as 0.80 is resistance.
The breakout of 0.7850 will give a new sell signal and open the way towards 0.78.
In case of return above 0.80, we will be neutral between this level and 0.8050.
See the previous analysis of the NZD/USD pair of May 8th, 2012
NZD/USD Analysis
Title:
Technical analysis of the NZD/USD pair on May 8th, 2012
Commentary of the NZD/USD pair :
0.7921 is acting as support on the pair NZD/USD.
This level is currently tested after a small rebound yesterday.
All indicators stay bearish.
The pair is moving into its former bearish channel (purple lines).
We continue to advise short positions as far as 0.8033 is resistance.
The breakout of 0.7921 will give a new sell signal and open the way towards 0.7850.
In case of return above 0.8033, we will be neutral between this level and 0.8079.
See the previous analysis of the NZD/USD pair of May 7th, 2012
NZD/USD Analysis
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