Market sentiment has worsened on the news about the conflict between the United States and Iran. One of the ways to trade in this environment is to sell NZD/USD.
Tag - nzd - new zealand dollar
NZD/USD has been performing really well since the start of December as it managed to break above the line connecting 2018 and 2019 highs.
No important events in the economic calendar but the technical picture is promising. Let's take a look at AUD/USD, NZD/USD, USD/JPY, and USD/CAD.
Markets will be closed earlier due to coming Christmas. However, it's not a reason to avoid trading.
Parliament Brexit Vote is the major event that will affect not only the British pound but market sentiment in general.
Today we will see the release of GDP growth of New Zealand for the third quarter at 23:45 MT time.
Markets are calm due to the upcoming year-end.
Last week was quite eventful indeed, and now we are looking forward to a calmer week…What surprises do we need to expect from the market?
New Zealand will publish the level of GDP growth at 23:45 MT time on December 18.
NZD/USD met resistance around 0.6565 (61.8% Fibonacci of the July-October decline, top of the October-December bullish channel).
The main attention of traders is paid to the news concerning the US-China developments ahead of the US tariffs deadline scheduled on December 15.
Take a look at the technical set-ups of EUR/USD, NZD/USD, USD/CAD, and USD/CHF.