ibnu

NZDUSD: after BNZ cut its interest rate, before FED meeting

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
229 2 4
After yesterday's interest rate cut by BNZ, there is higher probability NZDUSD             will continue to go south following the major trend since July 2014. RBNZ Governor, also Graeme Wheeler comment that a recent major slowdown in China could have a negative impact on New Zealand’s economy, underlining fears over a China-led slowdown in global growth.

As for next week, there will be a FED's meeting, which many analysts have predicted that there will be an increase the interest rate . It's been a while since Fed officials say they plan to raise interest rates before the end of this year, but the events of the past few weeks appear to have pushed the balance of power at the Fed in favor of the cohort that would prefer to hold off.

*a quick short order from current bearish flag pattern to a previous long tail support, with 1:1 risk reward ratio, should be a nice good trade, :D
September the 20, Greek election.......for the euro and the market
Reply
Interesting it all depends on the FOMC meetingI will be watching not going to commit until wednesday.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out