New Zealand Dollar (NZD)

The Kiwi(NZDUSD) fight to cover gap The Kiwi(NZDUSD) remains indecisive after failing to cover the recent weekend gap. With the greenback making gains across the board, the pair has seen a choppy 100-pip move in the last 48 hours. On the…
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The FTSE (UK100) keeps the high ground The FTSE (UK100) remains bullish as stocks continue to have a positive setting. On the chart, the index shows no sign of slowing down as the 8500 level was broken, with 8750 in sight. Any signs of…
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Nasdaq-100 claims fresh high The Nasdaq 100 hit a fresh high as the tech stocks continue to rally. The index is capitalising on its break above 21000, attracting momentum buyers in this crowded trade. The psychological level of 22000 is…
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GER 40 (DAX) seeks support The GER 40 (DAX) attempts to claw back the recent losses as prices bounce away from the 20000 level. A move above 20400 is the next target. However, a failure at this level would be a sign of exhaustion as…
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New Zealand dollar (NZD) breaks lower The New Zealand dollar (NZD) fell lower after breaking the immediate support at 0.5580. The pair hit resistance at 0.5680, and a continuation is indicative of strong follow-through selling. The…
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FTSE (UK 100) holds onto gains The FTSE (UK 100) hits a slight consolidation as investors hold their breath ahead of US payrolls amid growing rate cut expectations. The index so far has held onto its gains after a tentative break above…
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Nasdaq (NAS 100) another peak The Nasdaq (NAS 100) advances as investors continue to price in the Fed’s next move. The price continues on its way above this year’s high of 22000, further reinforcing the bullish mood. 22250 is the next…
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NZDUSD probes support The New Zealand dollar saw an uptick in price action, moving prices away from the recent bottom. The choppy nature of the pair has caused price action to fall away from the psychological level of 0.6000. However, a…
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USDJPY fails to progress The Yen (JPY) saw some slight reprieve after inflation cooled towards the 2% target. Recent profit-taking at 155.80 didn’t dent the optimism too much, with 154.00 proving to be a robust support. A combination of…
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The NZDUSD struggles to stabilise The NZDUSD ticked lower as price action fell away from the 0.6000 level. A fall below 0.5920 has renewed the bearish pressure and put those who bought the latest bounce on the defensive. With prices…
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