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NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS

New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
benny_marshall  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Wave Analysis Fundamental Analysis NZDUSD nzdusdfundamenta nzdusdtechnicalanaylsis nzdusdpattern nzdusdprediction nzdusdanalysis nzdusdelliotwavecount nzdusdforecast nzdusddaily
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- NZD FEATURE is currently slightly UP. The main reason for this is the UPA in occasional COMMODITIES and some weakness in the USD. Also, MARKETS RISK ON can be cited as a reason for us to become NZD UP. The POSITIVE SENTIMENT for USD has not diminished yet. But from time to time DXY CORRECTION is happening. The NZD FEATURE stands at 0.6522 LEVEL. The DXY is currently slightly up to 101.94. According to the MARKET SENTIMENT and the USD is currently slightly WEAK. Priced above NZDUSD DYNAMIC LEVELS.

- STOCKS are currently DOWN. And VIX is becoming DOWN. Also COMMODITIES OVERALL DOWN. Also BONDS PRICES are becoming NEUTRAL. Also BONDS SPREADS are DOWN. Currently the MARKET RISK ON status is heavy. So definitely create a UP TREND for AUD CAD NZD and a DOWN TREND for JPY CHF USD.

- NZDUSD PRICE can be UP to 0.6720 LEVEL before DOWN. Then it can be DOWN to 0.6198 LEVEL. Buying NZDUSD is a bit risky if VIX is UP. So stay tuned with MARKET UPDATES.
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