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** EURNZD Analysis - Listen to video!
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#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to OVERALL MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is going up.
EURNZD can go up...
- NZD FEATURE is currently slightly UP. The main reason for this is that the previous day's MARKET RISK ON. We can also mention the UP TREND in COMMODITIES as the main reason for that. But now COMMODITIES are UP. Today the NZD FEATURE stands at 0.6309 LEVEL. The EUR FEATURE stands at 1.0581 LEVEL.
- Currently the OVERALL MARKET is showing a NEUTRAL BIAS. ...
⛔️ NZD FEATURE is currently down a bit. The main reason for this is that the previous day's MARKET RISK OFF. We can also mention the DOWN TREND in COMMODITIES as the main reason for this. But now COMMODITIES are UP. Today the NZD FEATURE stands at 0.6309 LEVEL. The EUR FEATURE stands at 1.0581 LEVEL.
⛔️ Currently the OVERALL MARKET is RISK ON. STOCKS is...
- No high impact news for the New Zealand dollar today. Also, there is no high impact news for JPY. But New Zealand's employment data is due out on Wednesday. Most likely NZDJPY will FOLLOW the MARKET SENTIMENT this week. So pay attention to VIX, MARKET SENTIMENT.
- NZD FEATURE is currently DOWN. The main reason for that is because MARKET RISK OFF. It will...
