EUR/NZD – Downward Targets Achieved

Since the previous blog post on this currency pair, we’ve seen both downward targets of 1.70350 and 1.69900 achieved. Below we’ll take a look at how price played out from the previous blogs analysis. Looking at the 1 hour time frame above from the previous blog post, we can see that I was anticipating aContinue reading “EUR/NZD – Downward Targets Achieved”

EUR/NZD – Updated Analysis

The president of the ECB, Christine Lagarde, stated at yesterday’s press conference that the economic activity in Europe has lost significant momentum in the fourth quarter with the surge in coronavirus cases adding to the already heightened level of uncertainty. Beginning on the daily time frame, paying close attention to the latest candle closure, weContinue reading “EUR/NZD – Updated Analysis”

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”

NZD/USD – Zones To Look Out For

There have been some attractive zones offering support and resistance on this pair recently which will be looked at below but first let’s start on the daily time frame to get a general idea of how this pair has been trending. On the daily time frame, we can see that the overall trend here isContinue reading “NZD/USD – Zones To Look Out For”

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”