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...
Read More

NZDJPY – 81.00 Remains Significant Barrier

Key Highlights             New Zealand Dollar corrected higher against the Japanese Yen after trading as low as 79.90. The NZDJPY pair is currently facing a tough resistance near the 81.00 area as the 100 moving average (4-hours) is sitting around it along with a bearish trend line. New Zealand Electronic Card Retail Sales as reported by Statistics New Zeal...
Read More

NZDJPY – Make it or Break it?

Key Highlights New Zealand Dollar traded higher recently against the Japanese Yen to test the 82.60-70 resistance area. The NZDJPY pair is currently correcting lower and testing a major support area around 81.60. New Zealand Trade Balance data was released by the Statistics New Zealand today, which came in at $-1,222M, compared with the forecast of a $-800M trade defici...
Read More

NZDJPY Might Attempt For a New Low

Key Highlights New Zealand Dollar continued to move lower against most major currencies, including the US Dollar and the Japanese Yen. NZDJPY looks like heading towards the last low of 82.83, and might create a new low moving ahead. New Zealand Building Permits figure released by the Statistics New Zealand posted no change in May 2015, compared with the preceding month....
Read More