Tag Archives: NZD/USD

NZD/USD: Bearish Breakout Vs. Channel Bottom Rebound

Last week was not a good week for the Kiwi, at least if you are bullish on currency. I’m sure RBNZ Governor Wheeler and also Prime Minister Key and Finance Minister English will be happy with a weaker NZD/USD. Whatever … Continue reading

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NZD/USD: Continues To Fall

NZD/USD continues to fall in accordance with the following trade opportunity alert that I received recently for this currency pair. The pair is set to fall further in the direction of the target level 0.8155 in the next 15 trading … Continue reading

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Kiwi Flashback To 2008

I’ll just leave this simple chart here for your consideration – – the NZD/USD recently broken a long-lived ascending trendline. It did exactly the same thing in early July 2008, a few months before some real fun began. Take it … Continue reading

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NZD/USD: Expected To Fall Further

NZD/USD recently broke down below the target level 0.8155 that was set for this pair in the following trade opportunity alert that we covered last Monday. After this alert was generated by Autochartist the pair continued to fall sharply down … Continue reading

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NZD/USD Approaching Multi-Year Trendline

Weekly Chart NZD/USD” title=”NZD/USD” width=”580″ height=”400″ />NZD/USD is moving lower in tandem with AUD/USD due to the rise in USD, which quickened its decline that was started 2 weeks ago due to a surprisingly dovish RBNZ who threatened to embark … Continue reading

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NZD/USD: Multi Year Trendline Breaking Imminent

Weekly Chart NZDUSD After seemingly bouncing higher off the multi-year trendline, NZD/USD has been trading lower, with the latest decline happening during the final few hours of US trading session which was further extended during the Asian trading session. All … Continue reading

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NZD/USD: Highest Consumer Confidence Since Financial Crisis

NZD/USD rallied during yesterday’s early US session after the weaker GDP print sent USD tumbling temporarily. Price fell lower during the rest of the trading session, trading below the ceiling of 0.78, but nonetheless still slightly better off than pre-US … Continue reading

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NZD/USD: Approaching 0.794 – 0.796 Resistance Without Backing

Price has been trading higher continuously since Monday following the release of CPI inflation data which showed that the NZ Housing Market bubble is far from slowing down. This impedes RBNZ’s ability to freely cut rates in the near term, … Continue reading

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NZD/USD: No Early Rally To Accompany Last Week’s Gains

Weekly Chart NZD/USD 1″ width=”580″ height=”358″> After pushing deep into the multi-year support Channel last week, price managed to stay within the Channel, instead of collapsing ala 2 weeks ago. With Stochastic readings looking bullish, last week’s close places this … Continue reading

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NZD/USD: No Major Setbacks Despite Worsening Unemployment Rate

When it rains it pours, or does it? New Zealand’s economy suffered a huge setback due to China’s ban of dairy imports from New Zealand over the weekend, sending NZD/USD to a low of 0.774 on Monday. Prices has since … Continue reading

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