The GBP is more confident, while the USD awaits Trump's speech. Learn more about the prospects of the major currencies for today!
Tag - nzd - new zealand dollar
A bearish “engulfing” pattern was formed on the W1 chart of NZD/USD around the 38.2% Fibonacci retracement level of the July-October decline.
Traders are optimistic about the potential trade deal between the United States and China but worry about protests in Hong Kong.
Welcome to the new week with FBS!
EUR/NZD formed a number of candlesticks with long lower wicks on the D1 - a sign that there’s demand for the euro around 1.7300.
Find out what awaits the major currencies this month: Brexit, trade war, central bank meetings and more.
Will this week be optimistic for the markets?
NZD/CAD testing 6-weeks resistance on November 1
Price action in NZD/USD strongly resembles the so-called “cup and a handle” pattern on the D1.
The risk-sensitive currencies are on the upswing and so is the USD versus the JPY and the EUR…
On the H1 chart of NZD/CAD, the price once again bounced back from the local resistance level of 0.8404 and is on the way down to support at 0.8281.
NZD/USD failed to overcome the resistance at 0.6430: yesterday’s close below 0.6385 confirmed the short-term victory of sellers.