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Nzdusdforecast

NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS- NZD FEATURE is currently slightly UP. The main reason for this is the UPA in occasional COMMODITIES and some weakness in the USD. Also, MARKETS RISK ON can be cited as a reason for us to become NZD UP. The POSITIVE SENTIMENT for USD has not diminished yet. But from time to time DXY CORRECTION is happening. The NZD FEATURE stands at 0.6522 LEVEL. The DXY is currently slightly up to 101.94. According to the MARKET SENTIMENT and the USD is currently slightly WEAK. Priced above NZDUSD DYNAMIC LEVELS. - STOCKS are currently DOWN. And VIX is becoming DOWN. Also COMMODITIES OVERALL DOWN. Also BONDS PRICES are becoming NEUTRAL. Also BONDS SPREADS are DOWN. Currently the MARKET RISK ON status is heavy. So definitely create a UP TREND for AUD CAD NZD and a DOWN TREND for JPY CHF USD. - NZDUSD PRICE can be UP to 0.6720 LEVEL before DOWN. Then it can be DOWN to 0.6198 LEVEL. Buying NZDUSD is a bit risky if VIX is UP. So stay tuned with MARKET UPDATES.
by benny_marshall
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS- NZD FEATURE is currently slightly UP. The main reason for this is the UPA in occasional COMMODITIES and some weakness in the USD. The POSITIVE SENTIMENT for USD has not decreased yet. But from time to time DXY CORRECTION is happening. The NZD FEATURE stands at 0.6515 LEVEL. The DXY is currently trading slightly below 101.65. According to the MARKET SENTIMENT and the USD is currently slightly WEAK. Priced above NZDUSD DYNAMIC LEVELS. - Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a NEUTRAL BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN. - NZDUSD PRICE can be UP to 0.6660 LEVEL before DOWN. Then it can be DOWN to 0.6198 LEVEL. Buying NZDUSD is a bit risky if VIX is UP. So stay tuned with MARKET UPDATES.
by benny_marshall
3
NZD/USD. Kiwi can take off!The kiwi-dollar has lost more than 10% against the US dollar since April 5 and looks very oversold. Classic technical analysis indicators show multiple divergences on the H1-H4 charts. Our trading strategy indicators also gave signals about the weakening of the downtrend movement and a high probability of NZDs bounce. Based on the available data, we expect a limited NZD/USD growth over the coming week. A strong resistance, supported by the Fibonacci level, is at 0.6529 and is the most likely growth target. How to trade. Buy NZD/USD (open long) from the current levels or in the range of 0.6260-0.6270. The target is 0.6520-0.6530.
Long
by ForbesRatingN1
NZDUSD | Live position reviewAfter price action has hit our stop loss at 0.63350 where we locked in around 54 pips profit. Considering the long term bearish momentum on this pair (see the daily time frame for reference purposes or previous broadcast in the link below); The current consolidation phase (that has lasted over 24 hours) on the 1-hour time frame is looking more like a reversal set-up is evolving as I wait for a breakdown retest of neckline for signal and confirmation to join the potential decline. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
2