{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/nzdusd-buyers-return-as-macd-crosses-zero-line\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/nzdusd-buyers-return-as-macd-crosses-zero-line\/","headline":"NZDUSD Buyers Return as MACD Crosses Zero Line","name":"NZDUSD Buyers Return as MACD Crosses Zero Line","description":"NZDUSD Analysis: Buyers Return As MACD Crosses The Zero Line From Underneath NZDUSD buyers return as MACD crosses the zero line from underneath. Whenever the MACD crosses the zero line, it indicates a rise in buying or selling pressure. According to the MACD (Moving Average Convergence Divergence), the previous uptrend will soon resume. NZDUSD Significant […]","datePublished":"2023-05-26","dateModified":"2023-05-26","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/05\/wxJjPExY.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/05\/wxJjPExY.png","height":748,"width":1250},"url":"https:\/\/forexschoolonline.com\/nzdusd-buyers-return-as-macd-crosses-zero-line\/","about":["Article","charts","FX Technical Analysis","NZD\/USD","NZDUSD","Price Action Charts in Focus","Trade Idea","Trade Setups"],"wordCount":284,"keywords":["Daily Chart","Forex","forex price action","FX Technical Analysis","Market Anticipation","Market Expectation","Market Prospect","NZD","NZD\/USD","NZDUSD","Price Action","Price Analysis","Price Chart","Technical Analysis","Trade idea","Trade Setup"],"articleBody":"NZDUSD Analysis: Buyers Return As MACD Crosses The Zero Line From UnderneathNZDUSD buyers return as MACD crosses the zero line from underneath. Whenever the MACD crosses the zero line, it indicates a rise in buying or selling pressure. According to the MACD (Moving Average Convergence Divergence), the previous uptrend will soon resume.NZDUSD Significant ZonesDemand Zones: 0.61120, 0.59690Supply Zones: 0.63790, 0.65380NZDUSD was previously in an uptrend until the year 2022 ended. The uptrend extended as buyers drove the price into the premium zone above the 0.63790 resistance. According to the Moving Average, the market failed to give the bears an opportunity until reaching this premium zone. At the early stage of the uptrend, a low formed at 0.58400. This low was due to the price’s response to an FVG (Fair Value Gap) some days earlier.The uptrend continued exuberantly from the 0.58400 low. At the 0.65140 price level, a swing high formed. NZDUSD went downward to form a swing low at the 0.61910 price level. This price action showed that the bullish pressure has stopped overwhelming the market. Buyers exited the market, causing a long-term consolidation phase. On March 26, 2023, a bearish marubozu candlestick formed as a bearish order block pushed the price downward. However, due to the presence of some bulls in the market, a higher high formed at the 0.63790 resistance.Market ExpectationFollowing the reaction of the price towards the daily FVG, the price sank downward on the four-hour chart. NZDUSD will likely break the previous low of 0.61830 before the buyers fully return to the market.Note:\u00a0Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results."}