NZDUSD – Kiwi Dollar Remains at Risk for Key Reasons

NZDUSD – Kiwi Dollar Remains at Risk for Key Reasons Key Highlights The New Zealand Dollar traded lower against the US Dollar recently, and was under a lot of bearish pressure. There was a monster bullish trend line formed on the 4-hours chart of the NZDUSD pair, which was surpassed by sellers during the recent losses. The NZDUSD pair also traded below the 100 sim...
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NZDUSD Poised For More Gains

NZDUSD Poised For More Gains, Are You Buying? Key Highlights             New Zealand Dollar enjoyed a decent rally against the US Dollar, and currently challenging the 0.6710-40 resistance area. There is a support trend line formed on the 4-hours chart, which may play a major role for buyers and sellers in the short term. Today, the US Initial Jobless Clai...
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NZDUSD Facing Barrier For More Gains

NZDUSD Facing Barrier For More Gains Key Highlights             The New Zealand Dollar attempted a couple of times to trade higher against the US dollar, but failed to sustain momentum. NZDUSD pair traded below 0.6500 today, and looks set for more losses in the near term. The New Zealand Electronic Card Retail Sales as reported by Statistics New Zealand p...
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NZDUSD Approaching an Important Support Area

NZDUSD Approaching an Important Support Area Key Highlights             New Zealand Dollar is on a declining path since it tested the 0.6830-40 resistance area. However, the NZDUSD pair is heading towards an important support area that may act as a barrier for sellers. New Zealand Business Confidence released by the ANZ increased from 14.6 to 23.0 in Decem...
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NZDUSD Consolidating Before Break?

NZDUSD Consolidating Before Break? Key Highlights             New Zealand Dollar dived towards the 0.6600 support area recently against the US Dollar where it just managed to find buyers. The NZDUSD pair is currently making an attempt to correct higher, but struggling to find momentum. There is a resistance formed near 0.6650-60 where sellers are defending...
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NZDUSD – Recent Break Points toward More Gains

NZDUSD – Recent Break Points toward More Gains Key Highlights             New Zealand Dollar recently managed to break an important bearish trend line on the 4-hours chart, which cleared the way for more upsides. The pair also settled above the 100 simple moving average (4H), which is a positive sign. New Zealand Trade balance, released by Statistics New...
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NZDUSD Surged Higher and Looks Poised For Gains

NZDUSD Surged Higher and Looks Poised For Gains Key Highlights             New Zealand Dollar enjoyed a solid bullish run against the US Dollar and traded above a monster resistance area. The NZDUSD pair cleared a critical bearish trend line on the hourly chart, along with the 100 hourly moving average. New Zealand Producer Price Index Output released by t...
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NZDUSD – Can Buyers Make It?

Key Highlights New Zealand Dollar gained bids recently against the US Dollar and challenged an important resistance area of 0.6790-0.6800. There is a contracting triangle pattern formed on the hourly chart, which is acting as a mover for the NZDUSD pair. In New Zealand, the ANZ Commodity Price released by the ANZ National Bank posted an increase of 6.9% in October 2015,...
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NZDUSD Tumbled As Sellers Gain Control

Key Highlights New Zealand Dollar moved sharply lower against the US Dollar to trade near 0.6740-30. A bearish trend line on the hourly chart prevented gains and ignited a downside reaction. New Zealand Visitor Arrivals released by the Statistics New Zealand posted an increase of 12.2% in September 2015, which was a lot of more when compared with the last rise of 7.4%. ...
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NZDUSD – Possible Trend Change?

Key Highlights New Zealand Dollar spiked higher recently against the US Dollar, and moved higher. It looks like that sellers were outpaced by buyers and there are chances of the move to be a trend change. New Zealand NZIER Business Confidence released by the New Zealand Institute of Economic Research declined by 14% in Q3 2015, which was a lot lower when compared with t...
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