FUND Buy 06.04.2020 09:35
NZD/USD: NZD declines
NZD is strengthening against USD, trying to correct after finishing the last week with a moderate decrease updating local lows since March 26. NZD remains under pressure amid further deterioration of the epidemiological situation in the world, which pushes investors to buy USD as a safe haven and a source of liquidity.
FUND Sell 03.04.2020 12:23
NZD/USD: general review
This week, the pair is trading within the "bearish" trend. The New Zealand currency ignored the restoration of economic activity in China, which is understandable, as global demand will continue to decline in view of the coronavirus pandemic.
FUND Buy 01.04.2020 08:39
NZD/USD: the pair continues to recover
The NZD/USD pair is moderately correcting after a prolonged fall and is trading near the level of 0.5950 amid expectations of a further weakening of the US dollar.
TECH Sell 26.03.2020 12:17
NZD/USD: technical analysis
On the H4 chart, a lateral trend is forming, the instrument is being traded within a channel formed by the borders of Bollinger Bands; the indicator's cloud is narrowed, confirming the likely preservation of lateral dynamics in the medium term. MACD histogram is near the zero line, its volumes are minimal; the signal line crosses the zero line from below, forming a signal to open buy orders. Stochastic is in the neutral zone, and the lines of the oscillator are reversing upwards.