NZD/USD Technical Strategy: Short at 0.7909Support: 0.7802, 0.7682, 0.7525Resistance:0.7937, 0.8034, 0.8109 The New Zealand Dollar may have resumed the down trend against its US namesake after prices violated the series of higher highs and higher lows set from early November. A daily close below the 14.6% Fibonacci expansion at 0.7802 exposes the 0.7682-96 area marked by the July 2013 bottom and the 23.6% level. Alternatively, a turn above the 23.6% Fib retracement at 0.7937 opens ...
NZD/USD Holds September Low Ahead of China PMI’s, Fed Doves Fundamental Forecast for NZDUSD: Neutral Price & Time: NZD/JPY Bear Pattern Hangs in the Balance New Zealand Dollar Shows Signs of Turnaround The medium-term outlook for the NZD/USD remains bearish as the Reserve Bank of New Zealand (RBNZ) sticks to a neutral policy stance and retains the verbal intervention on the New Zealand dollar, but the pair may face ...
- New Zealand Trade Deficit of NZD1.125B Would Mark Largest Shortfall Since August 2013. - Exports to Slow to NZD 3.20B- Lowest Since September 2010. Trading the News: New Zealand Trade Balance A marked expansion in New Zealand’s trade deficit may spark fresh monthly lows in the NZD/USD as it dampens the outlook for growth and inflation. What’s Expected (MQ Metatrader 5 time as GMT+2): Why ...
Unforgettable Australian Vacation Destination: Qualia Resort on Hamilton Island This harsh winter gathers up depressing thoughts, yet there are so many visually pleasant destinations to travel to with our mind before (if) we actually visit them, that it’s easy to remember how good many of us have it. Australia is an attractive destination and right on the edge of the Great Barrier Reef region rises a resort conceived to stimulate each sense with a harmonious collection of details imagined ...
Aussie Dollar at Risk as US Data, FOMC Minutes Hurt Risk Trends Fundamental Forecast for Australian Dollar: Bearish Lull in Australian Economic News-Flow Puts Spotlight on External Catalysts Upbeat US Data, Hawkish FOMC Minutes to Hurt Aussie Amid Risk Aversion Another quiet week on the Australian economic data front keeps the spotlight on external factors, with the evolving outlook for Federal Reserve ...
Recent Comments