FUND Buy 09.07.2020 08:20
NZD/USD: the price is updating its highs
NZD shows an uptrend against USD during today's Asian session, updating record highs since the end of January and again preparing to test the level of 0.6600 for a breakout.
TECH Buy 08.07.2020 10:14
NZD/USD: technical analysis
On the H4 chart, there is a correction of the upward movement. The instrument is consolidating at the center line of Bollinger Bands; the indicator cloud is narrowed, and a lateral trend is likely to form in the short term. The MACD histogram is in the positive area, its volumes are gradually decreasing; the signal line is reversing downwards, but the buy signal is still relevant. Stochastic is in the neutral zone, and the lines of the oscillator are horizontal. The sell signal remains.
TECH Buy 03.07.2020 08:47
NZD/USD: wave analysis
The pair may grow.
On the 4-hour chart, the upward wave A of (B) develops, within which the third wave of the lower level iii of A forms. Now, a local correction has ended as the wave (iv) of iii, and the wave (v) of iii is forming, within which the wave iii of (v) is developing. If the assumption is correct, the pair will grow to the levels of 0.6751–0.6972. In this scenario, critical stop loss level is 0.6384.