The S&P500 ended the previous session with another record close
NZD/JPY pair is trading Tenkan Sen and Kijun Sen level. An upward wave would lead the pair into higher ground, confirming the bullish scenario.
Tag - nzd - new zealand dollar
European stocks traded slightly lower on Friday afternoon
The NZD/JPY pair is trading within the cloud. A failed attempt to move higher will push the market to exit the Kumo, confirming a bearish scenario.
Global PMIs will be released today
The NZD/JPY pair is now poised to exit the Kumo. If that happens, the currency pair will enter into a new bearish sentiment.
S&P500 hit an all-time high in the previous session
USD/JPY: The pair is now trading within the cloud. Any decisive movement to the south will lead USD/JPY to exit the Kumo, confirming the bearish scenario.
August 12: USD surged, gold recovered after massive sell-off
The US dollar edged higher, while gold dipped down. Let’s discuss main news and market movements in detail.
Weak data put US dollar under pressure
The risk of a second wave of coronavirus is more likely to put pressure on rates. Risky assets are supported by fiscal and monetary stimulus.
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: at 1-year highs
NZD/CAD rose above the key resistance of 0.88. What lies above?
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?
The RBNZ rate statement: three scenarios
Today at 5:00 MetaTrader time the Reserve Bank of New Zealand will publish the rate statement. What do we need to expect?
All eyes on AUD and NZD
The fresh data from New Zealand and Australia will be released tomorrow morning! Follow up!
AUD, USD, NZD, EUR: technical layout
What are the key technical levels for the main pairs? Check the article to set yourself for this day's trends.
