AdrianG7
Short

NZD/USD short continuation

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
40 0 1
Last week we saw how the kiwi turned negative quite quickly. The RBNZ pushed the kiwi lower by opening a crack for potential rate cuts and complaining about the strength of the kiwi, as usual. This continued the trend already seen beforehand. In the US, poor GDP data was countered by a relatively optimistic Fed and a greenback comeback.

As indicated by the arrrows, these are my opinions about the near/medium future. We also have a lot of fundamental data on both nzd and usd. Hopefully (if you are already short) the news from both sides will push the kiwi lower. My first tp is the 38% fib and then if the momentum remains ( macd just crossed for a short on Daily) we will see the price go to the 23% and even 0.7150 zone.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out