FUND Sell 26.04.2024 12:56
NZD/USD: data on foreign trade supported the quotes of the New Zealand currency
The NZD/USD pair is trading within the medium-term downtrend, holding around 0.5951.
TECH Buy 25.04.2024 08:11
NZD/USD: wave analysis
Growth is possible.
On the daily chart, the upward wave of the higher level (C) develops, within which the entry first wave 1 of (C) formed, a downward correction ended as the second wave 2 of (C), and the wave 3 of (C) develops. Now, the first wave of the lower level i of 3 has ended, and a downward correction formed as the second wave ii of 3, within which the wave (c) of ii has ended. If the assumption is correct, the NZD/USD pair will grow within the wave iii of 3 to the area of 0.6365–0.6542. In this scenario, critical stop loss level is 0.5845.
FUND Buy 24.04.2024 09:12
NZD/USD: the instrument develops a "bullish" trend in the ultra-short term
The NZD/USD pair shows moderate growth, developing a "bullish" trend in the ultra-short term, which allows the instrument to update local highs in mid-April.
TECH Sell 23.04.2024 11:30
NZD/USD: the price retreats from the resistance level of 0.5928
After reaching 0.5928, the NZD/USD pair is correcting as a result of the New Zealand macroeconomic statistics release.
FUND Sell 22.04.2024 10:48
NZD/USD: New Zealand consumer spending grows
Against the stabilization of the American dollar, the NZD/USD pair is correcting at 0.5912, getting no support from the positive macroeconomic New Zealand statistics.