Tag - nzd - new zealand dollar

NZD/CAD: another bearish candidate
NZD/CAD: another bearish candidate

While we speak about the USD getting stronger, the New Zealand dollar may be aiming at its 7-year lows against the CAD. Does it have the momentum for that?

Trading plan for March 12
Trading plan for March 12

Things change rapidly in Forex and stock markets amid virus pandemic and oil price war; watch the daily video to get updated.

Trading plan for March 9
Trading plan for March 9

JPY and EUR are the only bastions of resilience amid the sell-off mood of the market; gold is up to $1700, oil is a real problem…

Trading plan for March 4
Trading plan for March 4

US Fed cut the interest rate by 50 basis points, USD goes mostly sideways against other currencies, EUR gets stronger; OPEC meets on March 5 to prevent slumping of the oil price…

Trading plan for February 28
Trading plan for February 28

The Japanese yen is back in the Forex market reconquest on investors' flight to safety. Observers are almost certain the US financial authorities will lower the main interest rate - hence, the USD is dragged down. What else does Friday bring?

NZD/USD: a short-term idea
NZD/USD: a short-term idea

NZD/USD has once again found support in the 0.6830 area. The price action on the H1 chart strongly resembles an inverted “Head and Shoulders” pattern.

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