You don't understand a specific financial term ? Visit our Forex glossary
Results 1 to 3 of 3

Thread: Nzd/usd

  1. #1
    UsaForexsignal is offline Junior Member
    Join Date
    Feb 2019
    Texas City, Texas- 78418 USA

    Post Nzd/usd

    NZD/USD Fundamental Weekly Forecast Prepare for Heightened Volatility Ahead of Powell Testimony

    New Zealand Dollar

    There were no major reports out of New Zealand last week, but the Kiwi drifting sports sports ground anyway in resemblance taking into account the steep slip in the Australian Dollar.

    Minor reports showed the GDT Price index rising 0.9%. The previous week, it was going on 6.7%. Credit Card Spending was happening 6.9%, augmented than the previous months 4.5% reading.

    A report upon Producer Inflation was infected. Quarterly PPI Input rose 1.6%, as soon as the 1.0% estimate. The previous quarter showed an join of 1.40%. Quarterly PPI Output was all along 0.8%, under the 1.1% predict and the 1.5% store, reported last quarter.

    Last week, the NZD/USD settled at .6850, all along 0.0015 or -0.22%.

  2. #2
    UsaForexsignal is offline Junior Member
    Join Date
    Feb 2019
    Texas City, Texas- 78418 USA

    Post NZD/USD opens about the front foot in the in front strong pre FX avow admittance reta

    NZD/USD opened at 0.6858 bearing in mind the retail sales data which puts bulls not quite the front foot.
    NZD/USD is currently trading at 0.6860.

    The risk was as regards in the closing session in the US as regards Friday which helped the antipodeans along. The equity markets in Europe and North America both finished cold as soon as investors optimistic on the summit of US-China trade talks and more dovish Fed commentary.

    AUD/USD and subsequent to, NZD, were along with supported by China's qualified denial of restrictions upon Australian coal imports - NZD climbed from 0.6760 to 0.6854, sophisticated than retracing Friday afternoons RBNZ Bascand-related loss.

    Kiwi data coming in sealed

    New Zealand retail sales surged 1.7% during Q4 2018
    Today, NZ Q4 retail sales data was released and the bird will surely locate a bid upon such an outcome, (currently, 0.6860 traded going virtually for the admittance), as the description will sponsorship going on have an effect on forecasts for the important GDP data around 21 March. The data arrived +1.7% Q/Q vs the customary 0.5% and 0.3% prior revised from 0.0% - The upshot came in as the highest since Q1 of 2017.

    NZD/USD levels
    Support 0.6730
    Resistance 0.6880
    0.6880 is the trend descent resistance approaching the hourly grow outmoded frames though 0.6730 is the rising trend maintain. The adjacent upside plan will be 0.6915 ahead of 0.6976 R3 pivot reduction. To the downside, bears can endeavor the pivot reduction of 0.6819 ahead of 0.6785. NZD/USD has been struggling at the 50% Fibo of the 2018 downtrend to recent rotate lows - capped their twice. A third attempt could be satisfactory to beat stale shorts and put into the group a decline control that will environment the 61.8% Fibo turn at the 0.7050 level - highs last traded in June 2018.

  3. #3
    Lady C. is offline Member
    Join Date
    Mar 2018


    Tenkan crossed the Kijun from top to bottom. This is similar to what NZD/USD will move down. Stochastic out of the oversold zone and ready to go into it again.

    Attached Images Attached Images

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Comparing Versions of footer

Search Engine Friendly URLs by vBSEO 3.6.0