EURNZD - MARKET SENTIMENT , NFP EFFECT TO THE EURO
- There is no indicator news of any value for the New Zealand dollar today. Therefore, the New Zealand dollar is often driven by market sentiment. This week the DATA BUILDING CONSENTS, ANZ business confidence, was released for the New Zealand dollar. BUILDING CONSENTS A very good DATA came. But BUSINESS CONFIDENCE DATA came with a very bad DATA. According to the MARKET SENTIMENT, a DEMAND may come to NZDs this week. Also there is no important news for the euro today and the most important CPI DATA is due to be released tomorrow.
- The most important information about the war situation is to be released this week. Updates have been made on the above war situation.
- NZD FEATURE is currently down a bit. The main reason for this is that the MARKET RISK is starting to OFF and the STOCKS are starting to DOWN. The NZD FEATURE stands at 0.6945 LEVEL. The EUR FEATURE stands at 1.1195 LEVEL.
- Currently the OVERALL MARKET is RISK OFF. Also STOKES are getting a bit RED. VIX UP is becoming. Also COMMODITIES are now slowly DOWN.
- EURNZD PRICE can be REJECT from 1.6523 LEVEL. If COMMODITIES PRICES are down again, VOLATILITY UP UP, OVERALL MARKET RISK OFF, EURNZD will be further UP.
- The TREND LINE can TUCH 1.5984 LEVEL before the EURNZD PRICE is UP. Then you can UP to 1.6523 LEVEL. This is determined by the market sentiment and market sentiment in terms of the activity of the New Zealand dollar.
- The most important information about the war situation is to be released this week. Updates have been made on the above war situation.
- NZD FEATURE is currently down a bit. The main reason for this is that the MARKET RISK is starting to OFF and the STOCKS are starting to DOWN. The NZD FEATURE stands at 0.6945 LEVEL. The EUR FEATURE stands at 1.1195 LEVEL.
- Currently the OVERALL MARKET is RISK OFF. Also STOKES are getting a bit RED. VIX UP is becoming. Also COMMODITIES are now slowly DOWN.
- EURNZD PRICE can be REJECT from 1.6523 LEVEL. If COMMODITIES PRICES are down again, VOLATILITY UP UP, OVERALL MARKET RISK OFF, EURNZD will be further UP.
- The TREND LINE can TUCH 1.5984 LEVEL before the EURNZD PRICE is UP. Then you can UP to 1.6523 LEVEL. This is determined by the market sentiment and market sentiment in terms of the activity of the New Zealand dollar.