2016-02-02 13:53 GMT | [NZD - GDT Price Index] past data is -1.4%forecast data is n/aactual data is -7.4% according to the latest press release if actual > forecast (or previous one) = good for currency (for NZD in our case) [NZD - GDT Price Index] = Change in the average price of dairy products sold at auction. It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income. ...
NZD/USD: bearish breakdown. Weekly price is located below Ichimoku cloud for the bearish market condition with the ranging within the following key support/resistance levels: 0.6881 resistance level located on the border between the primary bearish and the primary bullish trend on the weekly chart, and0.6380 support level located below Ichimoku cloud in the primary bearish area. Chinkou Span line of Ichimoku indicator is located near the price for the possible breakdown ...
NZD/USD: breakdown with the bearish reversal. The price broke Ichimoku cloud from above to below together with 0.6589 support level and it was stopped by 0.6513 support in the primary bearish area of the chart. Chinkou Span line of Ichimoku indicator is crossing the price to below for the breakdown to be continuing, and Absolute Strength indicator is estimating the bearish trend in the near and medium-term future for example. We are having 3 simple scenarios for the price movement ...
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