Forex Technical Analysis – Pair AUDNZD, EURUSD and NZDUSD

Home » Forex Technical Analysis – Pair AUDNZD, EURUSD and NZDUSD

AUDNZD: AUDNZD pair rise toward bullish side in the market. The market makes the bullish signals in the market. The bull are showing their strong force and makes the buying opportunity in the market, on the 4 hourly chart market potential EMA and SMA lines where showing their favors towards the buying side towards the market, currently the pair rises above 1.0660 level then it will be buys side towards the market. On the hourly chart market makes uptrend.

EURUSD: The pair shows the bearish opportunity in the market. The market makes the small bearish opportunity in the market. Today, we can see fall in the market or market will still in the consolidation, but we can see small downside channel towards the market, after the breakout level market will take its movement towards the bearish side in the market. The range is little bounded range in the market, the strong EMA and SMA line will below the pair and crates the selling signals in the market. The RSI will sit towards the selling opportunity in the market as well as MACD also makes the selling signals below zero level.

NZDUSD: NZDUSD creates the bearish signals in the market. The market makes downside momentum in the market and creates the bearish signals in the market. On the hourly chart the market creates downside, strong falling above 50 level side are formed above EMA, the market is start showing its potential move towards the south side, as the momentum it’s not yet confirmed but today we can analysis that if market is in range is towards downside situation market in the market, the RSI is also sit towards the below 50 level and creates downside momentum in the market.

Leave a Reply

Your email address will not be published. Required fields are marked *