The New Zealand NZ50G (gross) benchmark index versus some indicative major components: Spark telecoms SPK, Auckland International Airport AIA, and then the electricity generation utilities Meridian MEL, Contact CEN and Mercury MCY along with the NZX Utilities Index G55G - and last, but definitely not the least, is presently the largest New Zealand company Fisher &...
Latest developments: March 14 – The RBNZ left its OCR unchanged at a record low of 0.25% and asset purchases at NZ$100 billion as expected. Once again, the RBNZ kept further easing on the table and reaffirmed their commitment to easy policy, stating that prolonged stimulus would be needed to get employment and inflation to desired levels. March 17 – GDP for Q4...
Hi Guys, This is my first attempt at any real sort of technical analysis. Let me know what I need to change and whether I'm anywhere near being on the right track. I think that my conclusions are somewhat self-explanatory. Thanks!
Objective: The Reserve Bank of New Zealand Act 1989 identifies the RBNZ's economic objectiveas achieving and maintaining stability in the general level of prices over the medium term. In April 2019, the Act was amended to also include supporting maximum sustainable employment. In 1990, the RBNZ became the first central bank to formally adopt inflation targeting...
The primary drivers for NZD are its high-beta status and the RBNZ's monetary policy outlook. As a high-beta currency, NZD has remained broadly well supported in times of risk-on and as the overall risk outlook and tolerance of the market has improved over recent months. With coronavirus vaccines programs now underway in many countries, we expect the months ahead...
On NZDUSD, price went into a bearish trend. One final bearish impulse is expected as we are targeting the support levels. Nothing else to mention, so wait for the trigger and Trade safe. Best of Luck MacroForex
This one is sitting around a support so as it is drawn, if the scenario is active we will buy this one.
NZDUSD New Zealand Dollar (Kiwi Dollar)
The price chart is inside a triangle pattern. It is a good position if we enter the sell in this price, because we can put a very small loss limit above the strong resistance in the range of 0.7225.
Possible double top and rising trendline break spotted on NZDJPY. Sell stop has been placed, let's see if it triggers.
possible sell idea for nzdchf. Bearish hammer and possible rising trendline break spotted. Sell stop has been placed, let's see if it triggers.
VIX Volatility Index over the pandemic recovery period, versus the New Zealand NZ50 Index, ASX All Ordinaries Index XAO, S&P 500 Index and the NASDAQ Composite Index IXIC.
NZDUSD Entry 0.67889 Target Price 0.69388
S&P 500 vs. select global equity markets - focus on the period since Aug 2020... compared consistently in $USD terms via US listed ETFs - United Kingdom EWU, Russia ERUS, Brazil EWZ, Hong Kong EWH, India INDA, Australia EWA, New Zealand ENZL - bonus comparisons to Gold, AUD/USD, RUB/USD.
This stock has decent fundamentals with a discounted cash flow valuation at around 70% undervalued at its current price of $1.77 at this time of writing. This company owns hotels all around the world and their market cap is above EV, their Book Value per Share in 2019 is at 6.78 and I suggest you find out the other fundamentals by yourself. Anyways, my opinion is...