• GBPNZD reversed from resistance level 1.9436
• Likely to fall to level 1.9275
GBPNZD currency pair recently reversed down from the resistance level 1.9436 (which has been reversing the price from the start of November) standing above the upper daily Bollinger Band.
The downward reversal from the resistance level 1.9436 stopped the previous intermediate impulse wave (3).
Given the overbought daily Stochastic, GBPNZD can be expected to fall further toward the next support level 1.9275 (former top of the impulse wave 1).
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies