Global Broker Regulation Inquiry App

About WikiFX

Broker Search

English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

اردو

Download

WikiFX Express

Crypto.com Coin Ushers in the Year of the Tiger with eRed Packets

NZD/USD Price Analysis: Defies nearby bearish channel to aim for 0.6600

WikiFX

| 2022-01-31

Abstract：NZD/USD leads G10 gainers while snapping seven-day downtrend around 16-month low.

Bullish MACD signals back descending trend channel breakout to underpin corrective pullback.

Previous support line from mid-January, 100-HMA restricts nearby advances.

NZD/USD takes the bids to refresh intraday high around 0.6562, up 0.26% on a day while consolidating the recent losses around multi-day low during early Monday.

The pairs recent corrective pullback takes clues from a clear upside break of a three-day-old descending trend channel, as well as the firmer MACD signals.

Even so, the previous support line from January 14, around 0.6595, precedes the 100-HMA level of 0.6628, challenging the NZD/USD bulls.

On the contrary, pullback moves may initially aim for the stated channels upper line, near 0.6545, before eyeing the recent multi-day bottom of 0.6532.

Also likely to challenge the NZD/USD bears is the channels support line and the 50% Fibonacci retracement (Fibo.) of March 2020 to February 2021 upside, respectively around 0.6500 and 0.6465.

NZD/USD: Hourly chart

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Long Short Slippage Indicator Leverage forex pips Forex news Forex Currency pair Forex Analysis Forex strategy Forex Broker forex market forex beginners Basic forex knowledge

Crypto.com Coin Ushers in the Year of the Tiger with eRed Packets

OANDA Review 2026 for India

OANDA review for India covering global regulation, RBI forex rules, OANDA login security, platforms and regulatory history.

Original 5h

TPFx Review 2026: An A+++ Result and an Impersonation Warning - What to Check Before Funding

This TPFx review examines PT Trijaya Pratama Futures, Broker Code 4461810512, its Bappebti record, the Q1 2026 A+++ assessment, look-alike website warning, product costs, withdrawals and complaint route for traders researching an Indonesia forex broker.

Original 5h

FOMC Minutes Today: 3 USD and Gold Scenarios Traders Should Prepare For

The Fed releases the July FOMC minutes on 19 August 2026. Here are three USD and gold scenarios, confirmation signals, and a practical risk checklist for traders.

Original 6h

Angel One Review 2026: Customer Complaints, Trading Issues and What Investors Should Know

Angel One, an India-based brokerage entity, constantly receives allegations from users online. Users are complaining about withheld funds, poor customer support service, undesired trade execution orders, etc. In this Angel One review, let’s quickly go through these complaints, understand its regulatory framework and pay attention to the product portfolio.

Original 22h