NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS
- NZD FEATURE is currently down a bit. The main reason for this is the DOWN of occasional COMMODITIES and the strength of the USD. Also, MARKETS RISK OFF is one of the reasons why we are NZD DOWN. The POSITIVE SENTIMENT for USD has not diminished yet. The POSITIVE SENTIMENT that comes to USD from time to time shows that NZDUSD DOWN is different. But from time to time DXY CORRECTION is happening. The NZD FEATURE stands at 0.6254 LEVEL. The DXY is currently slightly up to 104.775. According to the MARKET SENTIMENT and the USD is currently slightly STRONG. Priced above NZDUSD DYNAMIC LEVELS.
- Currently the OVERALL MARKET is RISK OFF. STOCKS is currently showing a GREEN MIXED BIAS. Also VOLATILITY has been getting somewhat DOWN since last evening. Also COMMODITIES shows a DOWN SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD may definitely be somewhat DOWN in the future. Also JPY CHF can be UP.
- NZDUSD PRICE can be UP to 143.335 LEVEL before DOWN. Then you can DOWN to LEVEL 135.116. Buying NZDUSD is a bit risky if VIX is UP. So get more opportunity to sell NZDUSD with MARKET UPDATES.
- Currently the OVERALL MARKET is RISK OFF. STOCKS is currently showing a GREEN MIXED BIAS. Also VOLATILITY has been getting somewhat DOWN since last evening. Also COMMODITIES shows a DOWN SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD may definitely be somewhat DOWN in the future. Also JPY CHF can be UP.
- NZDUSD PRICE can be UP to 143.335 LEVEL before DOWN. Then you can DOWN to LEVEL 135.116. Buying NZDUSD is a bit risky if VIX is UP. So get more opportunity to sell NZDUSD with MARKET UPDATES.