NZD/USD Analisi Tecnica | NZD/USD Trading: 2024-03-21 | IFCM Italy
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NZD/USD Analisi Tecnica - NZD/USD Trading: 2024-03-21

NZD/USD Technical Analysis Summary

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Forte Di VendereSellNeutroBuyForte Acquistare

Sopra 0.6100

Buy Stop

Sotto 0.6030

Stop Loss

Ara Zohrabian
Senior Analytical Expert
Articoli 2472
IndicatorSignal
RSI Neutro
MACD Buy
Donchian Channel Buy
MA(200) Sell
Fractals Neutro
Parabolic SAR Buy

NZD/USD Chart Analysis

NZD/USD Chart Analysis

NZD/USD Analisi Tecnica

The technical analysis of the NZDUSD price chart on 4-hour timeframe shows NZDUSD,H4 is retracing up toward the 200-period moving average MA(200) after hitting four-month low yesterday. We believe the bullish momentum will continue after the price breaches above the upper bound of the Donchian channel at 0.6100. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 0.6031. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Analisi Fondamentale Forex - NZD/USD

New Zealand’s consumer credit card spending grew again in February. Will the NZDUSD price continue advancing?

Reserve Bank of New Zealand reported total spending growth in New Zealand facilitated with a credit card resumed growing in February: Credit Card Spending rose 2.2% over year in February after no change a month before. Higher consumer spending is bullish for a currency: it indicates consumers are confident in their financial prospect and eager to spend money while lenders feel comfortable issuing new debt. This is bullish for NZDUSD. Earlier Statistics New Zealand had reported that New Zealand’s gross domestic product contracted 0.1% in the last three months of 2023, while an 0.1% growth was forecast. Shrinking of New Zealand economy when a growth was expected is a downside risk for New Zealand dollar and NZDUSD currency pair.

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Note:
Questa panormaica è di carattere informativo-educativo e viene pubblicata gratuitamente. Tutti i dati compresi nella panoramica sono ottenuti da fonti pubbliche conosciute più o meno affidabili. Inoltre non c'è alcuna garanzia che le informazioni fornite siano precise e complete. Le panoramiche non vengono aggiornate. Tutta l'informazione in ciascuna panoramica, compresi indicatori, opinioni, grafici e o quant'altro, è fornita a scopo conoscitivo e non è un consiglio finanziario. Tutto il testo e qualsiasi delle sue parti, e anche i grafici non possono essere considerati un'offerta per effettuare un'operazione con un qualsiasi asset. IFC Markets e i suoi impiegati in alcun caso non sono responsabili per qualsiasi azione intrapresa sulla base delle informazioni contenute.

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