TECH Buy 03.08.2020 10:53
NZD/USD: technical analysis
On the 4-hour chart, the sideways trend remains. The instrument is trading between the lower border and the middle line of Bollinger bands, the indicator cloud is expanding, the formation of a downtrend is likely in the short term. The MACD histogram is around in the zero line, its volumes are minimal, the signal line is directed horizontally and does not form a definite signal to enter the market. Stochastic crosses the border of the oversold zone downwards, the signal to open short positions remains.
FUND Buy 31.07.2020 09:20
NZD/USD: NZD is strengthening
NZD rallies against USD during this morning session, hitting record highs since the start of the year. The further strengthening of the instrument is again facilitated by the weak positions on USD, which came under pressure of the disappointing annual data on the dynamics of the US GDP for Q2 2020 released yesterday.
FUND Sell 30.07.2020 08:50
NZD/USD: the pair corrects downward
The NZD/USD pair corrects downwards due to very poor New Zealand real estate data and is trading near the level of 0.6631.
FUND Buy 23.07.2020 12:09
NZD/USD: general analysis
This week, the NZD/USD pair resumed growth and now reached 0.6680.