
Technical analysis of NZD/JPY
Technical analysis of NZD/JPY
The USD is back in demand…
What market drivers are we waiting for?
Traders await the meeting of the ECB later this week…
NZD/JPY has performed well this month forming higher lows and highs. It was supported by the 50-day MA in July and took off from that level.
EUR/JPY broke the support line connecting June lows and thus resumed the downtrend which has been in place since the start of 2018.
The USD has weakened on comments from the Fed members…
The day didn't start well for the USD…
The USD strengthened after better-than-expected retail sales figures…
The USD is awaiting retail sales data, there's active trading in the NZD, and the GBP is under pressure…
Traders are cheered up by the economic figures from China, and the AUD and the NZD are hot now…
Traders are trying to make their mind about the USD…
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