NZD/USD – New Zealand Dollar Sellers In Driver’s Seat Vs USD

Key Highlights The New Zealand Dollar made a downside move from the 0.7200 swing high against the US Dollar. There is a major bearish trend line forming with resistance at 0.6900-0.6920 on the 4-hours chart of NZD/USD. New Zealand’s Employment Change in Q3 2017 was 2.2%, compared with the forecast of 0.8%. Today in the US, the Fed Interest rate decision is sched...
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NZD/USD – Kiwi Dollar Approaching Crucial Support Vs US Dollar

Key Highlights The New Zealand Dollar after trading towards 0.7550 against the US Dollar started a downside correction. The NZD/USD pair is now approaching a crucial bullish trend line support near 0.7400 on the 4-hours chart. Today in New Zealand, the Employment Change for Q2 2017 released by the Statistics New Zealand posted a decline of 0.2%. The Unemployment R...
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NZDUSD – Can New Zealand Dollar Retain Bullish Bias Vs USD?

Key Highlights The New Zealand dollar gained a lot this week and moved above 0.7250 against the US Dollar. There is a monster bullish trend line with support at 0.7270 on the 4-hours chart of NZDUSD. Today, the New Zealand Employment Change figure for Q4 2016 was released by the Statistics New Zealand. There was a change of 0.8% in Q4 2016, compared with the 0.8% ...
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NZDUSD – New Zealand Gains As Unemployment Dips in NZ

NZDUSD – New Zealand Gains As Unemployment Dips in NZ Key Highlights The New Zealand dollar gained heavily during the past couple of hours and traded above the 0.7180 resistance. There is a bullish trend line formed on the 4-hours chart of NZDUSD, which can be seen as a buy zone on the downside. The New Zealand Employment Change released by the Statistics New Zeal...
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GBPUSD – British Pound Awaits Employment Report For Next Move

GBPUSD – British Pound Awaits Employment Report For Next Move Key Highlights British Pound after declining below 1.2900 versus the US Dollar found bids and recovered. There was a major bearish trend line formed on the 4-hours chart of the GBPUSD, which was broken during the recent upside move. Today in the UK, the Claimant Count Change, Rate and ILO Unemployment R...
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NZDUSD – NZ Dollar May Remain Under Bearish Pressure

NZDUSD – NZ Dollar May Remain Under Bearish Pressure Key Highlights             New Zealand dollar struggled this week against the US Dollar and may continue to trade down. NZDUSD traded below the 0.6950 support area and also broke a major support trend line on the hourly chart. In New Zealand, the Employment Change released by the Statistics New Zealand...
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NZDJPY – Can New Zealand Dollar Climb?

NZDJPY – Can New Zealand Dollar Climb? Key Highlights             New Zealand Dollar after trading lower against the Japanese Yen found support near a major bullish trend line formed on the 4-hours chart. There is a major support formed near 77.60, which if holds may push the NZDJPY pair higher. Today, the New Zealand Employment Change was reported by th...
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