FX:NZDUSD   New Zealand Dollar / U.S. Dollar
169 1 5
The pair I recommend to SELL next week is NZDUSD             . Why I say that ?

Last week, we see NZ             CPI             declined sharply to 1.0% and surprised market. Obviously, NZ             economy is fighting to keep its motivation. The Rate Decison on Wednesday is a chance to RBNZ do something to support for NZ             .I think they will keep the rate unchanged at 3.5% and repeat once the term " unjustified and unsustanable"

With the come back of USDollar             , and dovish stane of RBNZ, it's difficult for Kiwi to maintain the bid. This is time to SELL NZDUSD             .

I recommend you SELL NZDUSD             through 0.77100 key support level .

Look at on the chart, I draw two trend lines : bearish trend line and bullish trend lines. Price bounced back after testing bearish trend line , and breaking bullish trend line . This is a strong sell signal. Moreover, RSI indicator, RSI bounced back after testing the resistance level at 50 , and Stoch indicator shows sell signal when %K cut %D.

All information from FA to TA support for SELL Kiwi, so why we don't sell NZDUSD             ???

detail about USDollar             next week: http://goo.gl/OvWIoM


Simple technical analysis works best!
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