NZDUSD

Coming up we have some important data that could influence the NZD. The more remarkable will probably be the release of last quarter's GDP numbers. At this point, many might have completely forgotten the more optimistic run-up to the end… Read More

The current NZDUSD structure shows a bearish correction that was triggered at the cycle degree intervening wave x, near 0.6756. The impulsive downside move, suggests that this is an impeding zigzag, consisting of primary sub-waves Ⓐ-Ⓑ-Ⓒ.… Read More

NZD traders, like their close cousins in Australia, might have to deal with something of a paradox over the next month when it comes to analyzing fundamental data. While the economic situation improves, the data reports might be showing… Read More

USD Down Ahead of NFP The US dollar has been lower again today, extending the week’s declines as the market continues to digest the Fed’s surprise rate cut earlier in the week. The US dollar has been heavily sold over the week and is now… Read More

USD Softens The US dollar has been weaker over the European morning on Tuesday, extending the week’s losses as the USD index continues to correct lower from the recent 99.82 highs. Equities prices have posted a small rebound so far… Read More

USD a Little Firmer The US dollar has been attempting to recover over the early European session on Monday. The greenback had been down sharply at the end of last week, with selling kicking in ahead of the 100 level on the index.… Read More

The medium-term structure on NZDUSD hints at a standard zigzag pattern consisting of primary sub-waves Ⓐ-Ⓑ-Ⓒ. The primary wave Ⓐ comes in an impulse move that is unfolding in a bearish 5-wave manner of the intermediate waves… Read More

The first meeting of the RBNZ for the year is likely to have extra expectations. This is one of the four "live" meetings, accompanied by a monetary policy statement and followed by a press conference. Typically, if the bank is going to… Read More