Assalamu alaikum friends and everyone.Hope you are enjoying market trends.Today New Zealand dollar is the strongest currency and US dollar is around the neutral level.
NZD/USD, H4
A sideways pattern is framing on the 4-hour graph. The instrument has amended to the region of the center line of Bollinger groups, the pointer cloud is limited. The sideways elements are probably going to stay temporarily. The MACD histogram is in the zone of the zero line. Its volumes are insignificant, the sign line is coordinated evenly, without shaping a particular sign to enter the market. Stochastic is in the unbiased zone, the oscillator lines are turning around upwards from the boundary with the oversold zone.
NZD/USD, D1
A sideways pattern is framing on the day by day outline. The instrument is combining around the center line of Bollinger Bands. The marker cloud is limited. Sideways development is probably going to continue in the medium term. The MACD histogram is in the positive territory, easily diminishing volumes, the sign line turned around downwards. The purchase signal loses its solidarity. Stochastic is in the nonpartisan zone, the oscillator lines are coordinated evenly.
Long positions might be opened from the degree of 0.7200 with the objective at 0.7250 and stop misfortune 0.7170. Short positions might be opened from the degree of 0.7150 with the objective at 0.7100 and stop misfortune 0.7180.
NZD/USD, H4
A sideways pattern is framing on the 4-hour graph. The instrument has amended to the region of the center line of Bollinger groups, the pointer cloud is limited. The sideways elements are probably going to stay temporarily. The MACD histogram is in the zone of the zero line. Its volumes are insignificant, the sign line is coordinated evenly, without shaping a particular sign to enter the market. Stochastic is in the unbiased zone, the oscillator lines are turning around upwards from the boundary with the oversold zone.
NZD/USD, D1
A sideways pattern is framing on the day by day outline. The instrument is combining around the center line of Bollinger Bands. The marker cloud is limited. Sideways development is probably going to continue in the medium term. The MACD histogram is in the positive territory, easily diminishing volumes, the sign line turned around downwards. The purchase signal loses its solidarity. Stochastic is in the nonpartisan zone, the oscillator lines are coordinated evenly.
Long positions might be opened from the degree of 0.7200 with the objective at 0.7250 and stop misfortune 0.7170. Short positions might be opened from the degree of 0.7150 with the objective at 0.7100 and stop misfortune 0.7180.