Posts

Chart of the Day – NZDUSD – (November 4th 2019)

Kiwi has developed an inverted H&S formation where the head is a prior H&S formation indicated previously in our analysis.

Chart of the Day – NZDUSD – (October 3rd 2019)

The Kiwi has shown a lot of divergence on the RSI in the last month as we traded to new 52-week lows.

Chart of the Day -NZDUSD- (May 22nd 2019)

The NZDUSD has been following a steep downtrend line since March, and we are nearing the 88% retracement of the Sept 2018 lows to December 2018 highs and also the 127% extension of the December 2018 lows to 2019 highs.