Tag - nzd - new zealand dollar

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?

May 20: mixed moods
May 20: mixed moods

The market is mixed this Wednesday, with the AUD and the NZD tipping out on their recent bullish advances, oil consolidating at the local resistance level, and gold getting back to an upward trajectory.

May 13: what will Powell say?
May 13: what will Powell say?

Traders await the speech of the Fed's Chair Jerome Powell. The USD is under pressure. Watch the video to get the outlook for the major currencies today!

May 7: risk off
May 7: risk off

The market is submerged into an overall risk-off mood, with the AUD getting strong on recovering China and the GBP boosted by the BOE announcements, while the USD and the EUR are weak.

AUD/NZD formed a top
AUD/NZD formed a top

AUD/NZD formed a “shooting star” candlestick on the W1. The pair ran into the resistance line from the 2018 highs and failed to close above the 200-week MA at 1.0650.

April 27: Risk on
April 27: Risk on

The market starts the week with risky appetites: the AUD and the NZD rise, in line with the GBP/USD and the EUR/USD.

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