EUR/NZD – Technical Analysis

Today, we’ll be going over the Euro versus the New Zealand dollar with technical analysis starting on the daily time frame. On the daily chart above, we can see that a new high was made on the 23rd of September when the price closed above the previous high of 1.77850. Looking at the fib toolContinue reading “EUR/NZD – Technical Analysis”

EUR/NZD – Technical Analysis

Today, we’ll be looking at the Euro versus the New Zealand dollar for a potential move to the upside into and possibly through the monthly key of 1.82000. Plotting the fib on the 4 hour time frame we can see that there was a wick into the 78.6 and a reversal off of the 61.8Continue reading “EUR/NZD – Technical Analysis”

EUR/NZD – Pivotal Resistance Broken

Welcome to another blog by AspireFX. Looking at EURNZD, on the higher time frames we can see that there’s been a shift in momentum to the upside. On the daily time frame we can see that although we’ve created a lower low between the 3-10 July, following that price action we printed a higher lowContinue reading “EUR/NZD – Pivotal Resistance Broken”