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Author Archives: NZD Editor

NZD/USD Falling Wedge?

The NZD/USD has developed a Falling Wedge pattern, which could be validated very soon if the rate will climb above the 50% Fibonacci line again. Price will drop much deeper if will stay under the 50% Fibonacci line. The next ...

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NZD/USD: tepid recovery capped at 100-DMA

The NZD/USD pair traded with mild positive bias through early European session, albeit the up-move remained capped at 100-day SMA hurdle. Bulls continue to defend the very important 200-day SMA support, with the pair snapping four consecutive days of … ...

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NZD: Elections uncertainty weighing – Westpac

Imre Speizer, Research Analyst at Westpac points out that the NZD was again the worst performing major currency last week and they suspect election uncertainty, overweight speculative longs, and flickers of life in the US dollar are at play. “Polls ...

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NZD falls on election polls, bomb tests

The New Zealand dollar has fallen as political polls continued to show a close-run election race and North Korea tests a hydrogen bomb. The kiwi declined to US71.43c as at 8am in Wellington from US71.54c cents in New York on ...

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