• DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
  • DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
No Result
View All Result

NZDUSD is Near the Long-Term Resistance

FTD Limited by FTD Limited
March 4, 2021
Reading Time: 1 min read
A A
Kiwi is Below the Trend Line
0
SHARES
21
VIEWS
tweetpostshare
NZDUSD Monthly Chart

NZDUSD, hit the 0.7450-0.77 long-term resistance zone, at the end of February. Kiwi couldn’t test much the powerful resistance zone, just for 2 days but fundamentals are still favoring the New Zealand Dollar against the greenback. There is huge potential if a break occurs for the medium to long-term, possibly to 0.90-ish levels.

NZDUSD Daily Chart, 100-day Moving Average

For the shorter-term, NZDUSD is pricing just above the 1-year uptrend. As long as the price stays above 0.72, upward pressures may continue. But below that level, Kiwi may retrace to the 100-day moving average, an alternate uptrend following indicator.

Learn more about us

Tags: Forexforex tradingNZDUSD
TweetShareShareSend
Previous Post

EURJPY is Testing 13-Year Long Trend

Next Post

Friday, March 5, 2021 Headlines

Related Posts

Gold is Testing Major Support 
ANALYSIS

Gold is Testing Major Support 

According to reports in the British press, British Prime Minister Boris Johnson has agreed to leave his post.
DAILY UPDATES

British Prime Minister Boris Johnson is Resigning

Global Markets
DAILY UPDATES

Asian Stocks are on The Rise

West Texas-type crude oil
DAILY UPDATES

Sharp Drop in Oil Prices

British Finance Minister Sunak and Health Minister Javid resigned
DAILY UPDATES

British Finance Minister Sunak and Health Minister Javid Resigned

The Reserve Bank of Australia increased its policy rate by 50 basis points
DAILY UPDATES

The Reserve Bank of Australia Increased Its Policy Rate by 50 Basis Points

Next Post
Tuesday, November 3, 2020 Headlines

Friday, March 5, 2021 Headlines

You might also like

Psychology of trading plays a vital role in one's trading decisions

Trading Psychology

Differences between MT4 and Mt5

MT4 and MT5’s Differences – How to See the Total Lot Sizes in MT5?

Regulated and Licensed Forex Brokerage Company

Regulated Entities

FTD Limited's White Label Program gives you a chance to have your own brand within financial markets.

White Label Solutions

FTD Limited offers Introducing Brokers Program

Introducing Brokers

Algorithmic trading in forex, cfds and indices

Basics of Algorithmic Trading: Concepts and Strategies

Recent Posts

  • Gold is Testing Major Support 
  • British Prime Minister Boris Johnson is Resigning
  • Asian Stocks are on The Rise
  • Sharp Drop in Oil Prices
  • British Finance Minister Sunak and Health Minister Javid Resigned
FTD Limited

The content of the site is presented for informational purposes only not to give any investment advice which mainly focuses on financial instruments such as Forex, Spot Metals, CFDs, and Indices.

MENU

  • DAILY UPDATES
  • MARKETS
  • ANALYSIS
  • ARTICLES

Latest Articles

  • Gold is Testing Major Support 
  • British Prime Minister Boris Johnson is Resigning
  • Asian Stocks are on The Rise

Subscribe to our newsletter and get notified about the next update.

    © 2021 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    No Result
    View All Result
    • DAILY UPDATES
    • MARKETS
      • Forex
      • CFDs
      • Spot Metals
      • Indices
    • ANALYSIS
      • Fundamental Analysis
      • Technical Analysis
    • ARTICLES

    © 2021 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.