New Zealand Dollar (NZD)

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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NAS 100 snaps lower The Nasdaq falls after losing momentum following recent earnings calls for the big Tech companies. On the chart, bulls have not capitulated just yet. However, they will need to hold onto 19500 in order to avoid a deep…
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NAS 100 moving higher The Nasdaq 100 added to its modest gains after the tech-heavy index saw a shift in momentum. with Nasdaq rising steadily as the index secured a footing over 20000 and saw further sideways action to maintain a…
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FTSE 100 index (UK 100) remains choppy The FTSE 100 index continues to grind sideways as the recent direction has left traders feeling uneasy. Following a tentative close above the critical resistance level of 8300, the index seems to…
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EURUSD maintains 100-pip jump The Euro advanced as the ECB cuts and maintains their rate policy, pushing the pair towards the 1.1100 level. On the chart, the pair is inching towards the demand zone near 1.1130. Zooming into the hourly…
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Kiwi New Zealand (NZDUSD) attempts to lift The Kiwi New Zealand attempted to stop the freefall after dropping over 100-pips since the beginning of the month. The pair is trying to stabilise above 0.6100 and a bullish RSI divergence…
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USOIL struggles for support WTI fell further as persistence concerns over demand persisted. As the daily RSI fell into the oversold area, bears will need to take a breather after they cleared the August low of 71.45. A drop below the…
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The FTSE 100 Index (UK 100) bounces back The FTSE 100 Index eyes another fresh high, which has price action that breaks the previous resistance of 8400. The move has attracted further buying interest from the start of the breakout rally…
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RBNZ Rate Decision: Are We Sure It's A Cut? New Zealand's central bank is the first to wade into the choppy waters of the financial world after last week's "flash crash". Although markets have largely stabilized since then, there has been…
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USDCAD pressured by bearish divergence The greenback continued to struggle as global recession fears linger. Sentiment remains cautious after the pair fell lower and now sees the immediate resistance 1.3700 as a critical price cap. With…
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