NZD/USD Technical Analysis: Remains vulnerable to slide further below YTD lows, towards 0.6550 area
5/7/2019 11:51:11 AM
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• The pair failed to capitalize on the post-NFP rebound and remained under some selling pressure for the second consecutive session on Monday, inchin

   •  The pair failed to capitalize on the post-NFP rebound and remained under some selling pressure for the second consecutive session on Monday, inching closer to YTD lows set last week. 

   •  The pair failed to capitalize on the post-NFP rebound and remained under some selling pressure for the second consecutive session on Monday, inching closer to YTD lows set last week. 

   •  Oscillators on hourly/daily charts maintained their bearish bias and support prospects for an extension of the recent slide from 50% Fibonacci retracement level of the 0.6784-0.6580 downfall.

   •  Oscillators on hourly/daily charts maintained their bearish bias and support prospects for an extension of the recent slide from 50% Fibonacci retracement level of the 0.6784-0.6580 downfall.Fibonacci

   •  A follow-through selling below the 0.6580 level will reaffirm the bearish bias and accelerate the slide further towards 61.8% Fibonacci expansion level support near the 0.6550 region.

   •  A follow-through selling below the 0.6580 level will reaffirm the bearish bias and accelerate the slide further towards 61.8% Fibonacci expansion level support near the 0.6550 region.

   •  Alternatively, a sustained recovery beyond 23.6% Fibo. level might negate the bearish outlook and prompt some near-term short-covering move towards 0.6650-55 supply zone.

   •  Alternatively, a sustained recovery beyond 23.6% Fibo. level might negate the bearish outlook and prompt some near-term short-covering move towards 0.6650-55 supply zone.

NZD/USD 4-hourly chart

NZD/USD 4-hourly chartNZD/USDchart

NZD/USD

Overview
Today last price 0.6599
Today Daily Change -0.0012
Today Daily Change % -0.18
Today daily open 0.6611
 
Trends
Daily SMA20 0.6684
Daily SMA50 0.6766
Daily SMA100 0.6778
Daily SMA200 0.6724
Levels
Previous Daily High 0.663
Previous Daily Low 0.6601
Previous Weekly High 0.6686
Previous Weekly Low 0.6606
Previous Monthly High 0.6838
Previous Monthly Low 0.658
Daily Fibonacci 38.2% 0.6619
Daily Fibonacci 61.8% 0.6612
Daily Pivot Point S1 0.6598
Daily Pivot Point S2 0.6585
Daily Pivot Point S3 0.657
Daily Pivot Point R1 0.6627
Daily Pivot Point R2 0.6642
Daily Pivot Point R3 0.6655

 

NZD/USD

Overview
Today last price 0.6599
Today Daily Change -0.0012
Today Daily Change % -0.18
Today daily open 0.6611
 
Trends
Daily SMA20 0.6684
Daily SMA50 0.6766
Daily SMA100 0.6778
Daily SMA200 0.6724
Levels
Previous Daily High 0.663
Previous Daily Low 0.6601
Previous Weekly High 0.6686
Previous Weekly Low 0.6606
Previous Monthly High 0.6838
Previous Monthly Low 0.658
Daily Fibonacci 38.2% 0.6619
Daily Fibonacci 61.8% 0.6612
Daily Pivot Point S1 0.6598
Daily Pivot Point S2 0.6585
Daily Pivot Point S3 0.657
Daily Pivot Point R1 0.6627
Daily Pivot Point R2 0.6642
Daily Pivot Point R3 0.6655

NZD/USD

Overview
Today last price 0.6599
Today Daily Change -0.0012
Today Daily Change % -0.18
Today daily open 0.6611
 
Trends
Daily SMA20 0.6684
Daily SMA50 0.6766
Daily SMA100 0.6778
Daily SMA200 0.6724
Levels
Previous Daily High 0.663
Previous Daily Low 0.6601
Previous Weekly High 0.6686
Previous Weekly Low 0.6606
Previous Monthly High 0.6838
Previous Monthly Low 0.658
Daily Fibonacci 38.2% 0.6619
Daily Fibonacci 61.8% 0.6612
Daily Pivot Point S1 0.6598
Daily Pivot Point S2 0.6585
Daily Pivot Point S3 0.657
Daily Pivot Point R1 0.6627
Daily Pivot Point R2 0.6642
Daily Pivot Point R3 0.6655

NZD/USD

Overview
Today last price 0.6599
Today Daily Change -0.0012
Today Daily Change % -0.18
Today daily open 0.6611
 
Trends
Daily SMA20 0.6684
Daily SMA50 0.6766
Daily SMA100 0.6778
Daily SMA200 0.6724
Overview
Today last price 0.6599
Today Daily Change -0.0012
Today Daily Change % -0.18
Today daily open 0.6611
Overview Overview Overview Today last price 0.6599 Today Daily Change -0.0012 Today Daily Change % -0.18 Today daily open 0.6611 Today last price 0.6599 Today last price0.65990.6599 Today Daily Change -0.0012 Today Daily Change-0.0012-0.0012 Today Daily Change % -0.18 Today Daily Change %-0.18-0.18 Today daily open 0.6611 Today daily open0.66110.6611
 
Trends
Daily SMA20 0.6684
Daily SMA50 0.6766
Daily SMA100 0.6778
Daily SMA200 0.6724
Trends Trends Trends Daily SMA20 0.6684 Daily SMA50 0.6766 Daily SMA100 0.6778 Daily SMA200 0.6724 Daily SMA20 0.6684 Daily SMA200.66840.6684 Daily SMA50 0.6766 Daily SMA500.67660.6766 Daily SMA100 0.6778 Daily SMA1000.67780.6778 Daily SMA200 0.6724 Daily SMA2000.67240.6724
Levels
Previous Daily High 0.663
Previous Daily Low 0.6601
Previous Weekly High 0.6686
Previous Weekly Low 0.6606
Previous Monthly High 0.6838
Previous Monthly Low 0.658
Daily Fibonacci 38.2% 0.6619
Daily Fibonacci 61.8% 0.6612
Daily Pivot Point S1 0.6598
Daily Pivot Point S2 0.6585
Daily Pivot Point S3 0.657
Daily Pivot Point R1 0.6627
Daily Pivot Point R2 0.6642
Daily Pivot Point R3 0.6655
Levels
Previous Daily High 0.663
Previous Daily Low 0.6601
Previous Weekly High 0.6686
Previous Weekly Low 0.6606
Previous Monthly High 0.6838
Previous Monthly Low 0.658
Daily Fibonacci 38.2% 0.6619
Daily Fibonacci 61.8% 0.6612
Daily Pivot Point S1 0.6598
Daily Pivot Point S2 0.6585
Daily Pivot Point S3 0.657
Daily Pivot Point R1 0.6627
Daily Pivot Point R2 0.6642
Daily Pivot Point R3 0.6655
Levels Levels Levels Previous Daily High 0.663 Previous Daily Low 0.6601 Previous Weekly High 0.6686 Previous Weekly Low 0.6606 Previous Monthly High 0.6838 Previous Monthly Low 0.658 Daily Fibonacci 38.2% 0.6619 Daily Fibonacci 61.8% 0.6612 Daily Pivot Point S1 0.6598 Daily Pivot Point S2 0.6585 Daily Pivot Point S3 0.657 Daily Pivot Point R1 0.6627 Daily Pivot Point R2 0.6642 Daily Pivot Point R3 0.6655 Previous Daily High 0.663 Previous Daily High0.6630.663 Previous Daily Low 0.6601 Previous Daily Low0.66010.6601 Previous Weekly High 0.6686 Previous Weekly High0.66860.6686 Previous Weekly Low 0.6606 Previous Weekly Low0.66060.6606 Previous Monthly High 0.6838 Previous Monthly High0.68380.6838 Previous Monthly Low 0.658 Previous Monthly Low0.6580.658 Daily Fibonacci 38.2% 0.6619 Daily Fibonacci 38.2%0.66190.6619 Daily Fibonacci 61.8% 0.6612 Daily Fibonacci 61.8%0.66120.6612 Daily Pivot Point S1 0.6598 Daily Pivot Point S10.65980.6598 Daily Pivot Point S2 0.6585 Daily Pivot Point S20.65850.6585 Daily Pivot Point S3 0.657 Daily Pivot Point S30.6570.657 Daily Pivot Point R1 0.6627 Daily Pivot Point R10.66270.6627 Daily Pivot Point R2 0.6642 Daily Pivot Point R20.66420.6642 Daily Pivot Point R3 0.6655 Daily Pivot Point R30.66550.6655