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NZD/USD – Technical Analysis – 4h

November 3, 2025 13:00

Quick Summary

The current chart illustrates a bearish tendency in the currency pair. Notable reversals are evident following a strong resistance level.

The analysis hints at potential trading opportunities around the established support and resistance levels.

Candlestick Analysis

The chart shows a recent series of bearish candlesticks following a peak at around 0.5800, indicating a potential bearish reversal.

Notable patterns like bearish engulfing are visible, confirming downward momentum.

The trend appears bearish in the short term, with a noticeable drop after a previous uptrend.

MACD Analysis

The MACD line is below the Signal line, indicating bearish momentum.

A recent bearish crossover suggests potential continued downside.

The histogram is negative and increasing, reflecting strengthening bearish momentum.

Volume Analysis

No significant volume spikes indicate a lack of strong buying or selling pressure.

Volume remains stable; it neither supports a strong bearish nor a bullish trend.

No unusual volume spikes suggest institutional activity or significant market interest.

Support & Resistance

Immediate support is around the 0.5700 level. If this level holds, it may act as a base for potential upside moves.

Key resistance is at around the 0.5800 level, where the previous attempt to break higher failed.

These levels are crucial for traders to watch for potential reversals or consolidation.

Actionable Insights

Consider buying if the price holds above 0.5700 with bullish confirmation, like a bullish doji or engulfing pattern.

Selling might be considered if the price attempts to retest the 0.5800 level and fails again, reaffirming resistance.

Holding is advisable if the price remains in the current consolidation phase without clear signals.

The AI Technical Analysis Center is an informational tool only and does not constitute investment or trading advice.
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