{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/nzdusd-remains-in-bull-market-a-bullish-signal\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/nzdusd-remains-in-bull-market-a-bullish-signal\/","headline":"NZDUSD Remains a Strong Market \u2013 A Bullish Signal","name":"NZDUSD Remains a Strong Market \u2013 A Bullish Signal","description":"Overall, the bulls seem in control, bears losing momentumNZDUSD is well on its way to resistance, preparing for the next bull trend NZDUSD Weekly Price Analysis – April 23 NZDUSD sitting at the resistance might possibly retest soon.NZDUSD MarketKey Levels:Resistance levels: $0.7400, $0.7425, $0.7435Support levels: $0.6800, $0.6400, $0.6200NZDUSD Long-term trend: BullishIn its long-term perspective, NZDUSD […]","datePublished":"2021-04-23","dateModified":"2021-04-23","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\/2021\/04\/NZDUSD-LNG-T.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/04\/NZDUSD-LNG-T.png","height":511,"width":1073},"url":"https:\/\/forexschoolonline.com\/nzdusd-remains-in-bull-market-a-bullish-signal\/","about":["FX Technical Analysis","Trade Idea"],"wordCount":306,"keywords":["New Zealand Dollar U.S Dollar.","NZDUSD","Technical Analysis"],"articleBody":"Overall, the bulls seem in control, bears losing momentumNZDUSD is well on its way to resistance, preparing for the next bull trend NZDUSD Weekly Price Analysis – April 23NZDUSD sitting at the resistance might possibly retest soon.NZDUSD MarketKey Levels:Resistance levels: $0.7400, $0.7425, $0.7435Support levels: $0.6800, $0.6400, $0.6200NZDUSD Long-term trend: BullishIn its long-term perspective, NZDUSD is in a bullish trend. The bear’s increased momentum drops the price down to $0.7145 in the support area, during yesterday’s session. The momentum was lost as exhaustion sets in as the bulls return briefly.Today\u2019s daily opening candle at $0.7165 at the resistance area is bullish as the bulls return briefly to the market. NZDUSD rises further to $0.0177 in the resistance area. Price is above the two EMAs, an indication of an uptrend in the context of the strength.The signal of the stochastic oscillator points down at around level 80% in the overbought region suggests a downward momentum in the price of NZDUSD also the pair may likely encounter a change in trend in the days ahead in the long-term perspective. EURUSD Medium-term Trend: BullishThe pair is in a bullish trend zone market in its medium-term outlook. $0.7194 in the resistance area is the high attain during yesterday’s session.The 4-hour chart today opens with a bullish candle at $0.7162 in the resistance area.Price is initially up at $0.0177 in the resistance area with its wick touching the EMA-9 implies the momentum in price is in an uptrend in the context of the strength.The stochastic signal pointing up at around level 31% in the oversold region suggests the momentum in price may likely continue to go up in the future in the medium-term outlook.Note: Forexschoolonline.com is not a financial advisor. Do your research beforeinvesting your funds in any financial asset or presented product or event. Weare not responsible for your investing results."}