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18 Jan 2019
NZD/USD Technical Analysis: offered near nearish 50-hour MA
- NZD/USD's repeated failure to beat the downward sloping 50-hour MA reinforces the immediate bearish setup, as represented by the lower highs and lower lows, head-and-shoulders breakdown and by the negative crossover between the 50- and 200-hour MAs.
- The pair risks falling to the previous day's low of 0.6728.
- The bearish view would be aborted if the overnight high of 0.6787 is scaled. As of writing, the pair is trading at 0.6760.
Hourly chart
Trend: bearish
NZD/USD
Overview:
Today Last Price: 0.6761
Today Daily change: -6 pips
Today Daily change %: -0.103%
Today Daily Open: 0.6768
Trends:
Daily SMA20: 0.6745
Daily SMA50: 0.6797
Daily SMA100: 0.6687
Daily SMA200: 0.6786
Levels:
Previous Daily High: 0.6787
Previous Daily Low: 0.6727
Previous Weekly High: 0.6845
Previous Weekly Low: 0.6707
Previous Monthly High: 0.697
Previous Monthly Low: 0.6686
Daily Fibonacci 38.2%: 0.675
Daily Fibonacci 61.8%: 0.6764
Daily Pivot Point S1: 0.6735
Daily Pivot Point S2: 0.6701
Daily Pivot Point S3: 0.6675
Daily Pivot Point R1: 0.6795
Daily Pivot Point R2: 0.6821
Daily Pivot Point R3: 0.6855