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BullishNZD/USD is currently at 0.5876 just out of a falling wedge which is bullish. If we can break the 0.786 Fibo here, we are looking for a move to the ATR Target/0.618 fibo at 0.5932-41. Watch the...
The New Zealand dollar remains under pressure, as NZD/USD is having a dreadful week, down 2.47%. In the North American session, NZD/USD is trading at 0.5950, down 0.27%.NZ Manufacturing PMI Surprises...
New Zealand GDP Surprises On The Upside New Zealand posted a stronger-than-expected GDP report for Q2. The economy climbed 1.7%, reversing the 0.2% decline in the first quarter. The upswing in growth...
NZD/USD has underperformed AUD/USD quite a bit (see AUD/NZD rally since late 2021), and this continues to be the case today as the pair closed below the key support at .6060. This bearish breakdown...
Record Eurozone inflation corroborates a 75bps hike Fed’s Mester gives the dollar its crown back Equities slide on the back of stronger dollar, yields rise Euro holds steady as inflation...
AUD/USD lower to the next target of 6865/55 but a strong bounce from 6838 unexpectedly reached 6926. This only serves to emphasise the sideways trend, with a more positive hammer candle...
NZD/USD has stabilized today after ending last week with sharp losses. In the North American session, NZD/USD is trading at 0.6149, up 0.22% on the day. Earlier in the day, NZD/USD touched a low of...
The US nonfarm payrolls report will take centre stage next week as speculation about the size of the Fed’s next rate hike goes into overdrive. Investors will also be keeping a close eye on the...
NZD/USD has climbed sharply today. In the European session, NZD/USD is trading at 0.6247, up 0.95% on the day.China announces stimulusThe New Zealand dollar received a welcome boost from China, which...
NZDUSD is continuing the selling interest despite the bounce off the 0.6156 support level in the preceding session. The price holds near the lower boundary of the Ichimoku cloud, while the 20- and...
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