Technical analysis NZDUSD for 30.01.2023
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.65770. The closest support is the level 0.64130
Key levels
- 0.67430, 0.66650, 0.65770, 0.64130, 0.63380, 0.62250
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.65770, with Take Profit of 0.66650 and Stop Loss of 0.65000
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.64130, with Take Profit of 0.63380 and Stop Loss of 0.65000
Scenario
Recommendation
BUY STOP
Entry Point
0.65770
Take Profit
0.66650
Stop Loss
0.65000
Key Levels
0.67430, 0.66650, 0.65770, 0.64130, 0.63380, 0.62250
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.64130
Take Profit
0.63380
Stop Loss
0.65000
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.