Tag - nzd - new zealand dollar

EUR/NZD: where to sell?
EUR/NZD: where to sell?

EUR/NZD formed a “hanging man” pattern on the W1 and went down to trade below the 100- and 50-week MAs.

NZD/USD is targeting lower levels
NZD/USD is targeting lower levels

NZD/USD has met the resistance of the 200-day MA earlier this week (0.6500) and closed below the 100-day MA (0.6460) on Thursday.

Trading plan for February 6
Trading plan for February 6

China reported it is ready to cut the trade-war tariffs imposed on some goods imported from the US by 50%. Let's check whether market sentiment improved.

February ahead: coronavirus has not stepped back
February ahead: coronavirus has not stepped back

Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.

EUR/NZD has a lot of potential
EUR/NZD has a lot of potential

Last week EUR/NZD made a triumphant comeback to the upside. The pair rose above the 50- and 100-week MAs in the 1.7000/7025.

Trading plan for January 28
Trading plan for January 28

American Durable Goods Orders level is the most important event of the day, Check levels for USD/JPY, USD/CAD, GBP/USD, and NZD/USD…

Trading plan for January 17
Trading plan for January 17

British retail sales data is the main market driver of the day. Check levels for GBP/USD, EUR/GBP, AUD/USD, NZD/USD.

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