Tag - nzd - new zealand dollar

NZD/CAD: short-term correction
NZD/CAD: short-term correction

NZD/CAD has reached a 200-week MA (0.8950) and formed a “shooting star” candlestick on the D1. On the H4, we see a lower high.

NZD/CAD: another end of a channel?
NZD/CAD: another end of a channel?

If NZD/CAD keeps the inner logic of movement it has been on since the beginning of May, we are going to see a shift very soon. What will it be?

All eyes on AUD and NZD
All eyes on AUD and NZD

The fresh data from New Zealand and Australia will be released tomorrow morning! Follow up!

May 28: Risk is returning
May 28: Risk is returning

The Forex market is more risk-on compared to the previous days, hence the US dollar has given up some of its positions.

NZD/USD: is the correction over?
NZD/USD: is the correction over?

Last week NZD/USD once again met resistance in the 0.6155 area. As you can see from the chart, this area stopped the pair twice before within the recent month.

NZD/USD: tipping out
NZD/USD: tipping out

The New Zealand dollar seems to be tipping out against the USD. Will that be another full cascade downwards?

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