Fundamental Analysis:
The inflation for the NZD is finally moving within the RBNZ´s target, therefore the RBZD is happy with it´s interst rate. My currently view for the New Zelanda Dollar is neutral. For the CHF my espectations are bearish, because although we do not expect the SNB to further ease monetary policy, interest rates are the lowest of all the major currencies at -0.75% and monetary policy will likely stay extremely accommodative for the foreseeable future. because although we do not expect the SNB to further ease monetary policy, interest rates are the lowest of all the major currencies at -0.75% and monetary policy will likely stay extremely accommodative for the foreseeable future.
Sentiment Analysis:
By the COT´s datas the NZD has a neutral bias, and the CHF sentiment is bearish.
Technical Analysis:
There is a bull ABCD extension in a bull channel .
The inflation for the NZD is finally moving within the RBNZ´s target, therefore the RBZD is happy with it´s interst rate. My currently view for the New Zelanda Dollar is neutral. For the CHF my espectations are bearish, because although we do not expect the SNB to further ease monetary policy, interest rates are the lowest of all the major currencies at -0.75% and monetary policy will likely stay extremely accommodative for the foreseeable future. because although we do not expect the SNB to further ease monetary policy, interest rates are the lowest of all the major currencies at -0.75% and monetary policy will likely stay extremely accommodative for the foreseeable future.
Sentiment Analysis:
By the COT´s datas the NZD has a neutral bias, and the CHF sentiment is bearish.
Technical Analysis:
There is a bull ABCD extension in a bull channel .