NZD/USD continues scaling higher on Friday and climbs to over a two-month high The uncertainty over the next Fed rate hike keeps the USD bulls on the defensive. A positive …
NZD/USD strengthens further beyond 100-DMA, climbs to over two-month high Read More
NZD/USD snaps four-day uptrend around the two-month high. Nearly overbought RSI, pullback from monthly resistance line add strength to bearish bias. Tops marked during mid-June, early-August lure near-term sellers ahead …
NZD/USD Price Analysis: Extends pullback from 100-DMA towards 0. 6400 Read More
NZD/USD is advancing towards its two-month high at 0.6260 as Business NZ PMI lands higher at 52.7. A fourth consecutive 50 bps rate hike is expected by the RBNZ. The …
NZD/USD aims to recapture two-month high at 0.6260 on upbeat Business NZ PMI Read More
“The Reserve Bank of New Zealand (RBNZ) will stick to its hawkish stance and deliver a fourth straight half-point rate hike on Wednesday in its most aggressive tightening in over …
RBNZ to carry on with 50bps hike in August – Reuters poll Read More
The NZD/USD advances for the second straight day, up in the week by 3.03%. The US PPI for July rose by 9.8% YoY, less than estimates and last month’s reading. …
NZD/USD rises towards the 100-DMA on US inflation showing signs of softening Read More
NZD/USD rallied to fresh corrective highs on US CPI. The price is in no man’s land at this juncture, a bearish correction, as per the W-formation on the daily chart, …
NZD/USD bears are looking for a move below 0.6400, 0.6350s eyed Read More
The NZD/USD is advancing more than 2% on Wednesday, courtesy of broad US dollar weakness. Investors’ mood shifted positively once US inflation cooled down, while traders expected a less aggressive …
NZD/USD surges towards the 100-DMA post US soft CPI, on risk-on mood Read More
NZD/USD remains mildly bid as bulls approach short-term resistance line amid sluggish session. Sustained trading beyond 50-HMA, firmer RSI adds strength to bullish bias. One-week-old horizontal support area adds to …
NZD/USD Price Analysis: Portrays another attempt to cross weekly hurdle near 0.6300 Read More
NZD/USD is scaling towards 0.6300 as the DXY has declined ahead of US CPI. A lower consensus for the US CPI has forced investors to dump the DXY. China’s inflation …
NZD/USD marches towards 0.6300 as China’s Inflation escalates to 2.7% Read More
NZD/USD bulls need to commit or face being a move into the point of control. The daily chart shows prices bounded by channel support and resistance. NZD/USD is consolidated within …
NZD/USD Price Analysis: The barroom brawl scene is coming to a climax Read More