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Author Archives: NZD Editor

NZD/USD breaks down ahead of RBNZ rate decision

The US dollar continued to rise broadly against other major currencies on Tuesday as higher expectations of Federal Reserve policy tightening helped to extend the dollar’s recent recovery from multi-year lows. The New Zealand dollar was just one of the ...

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Elliott Wave Analysis: NZD/USD Intra-Day Weakness

Good day traders! Today’s focus is on NZD/USD. NZD/USD had extended weakness during Asian trading hours, which can be wave iii) headed south for 0.7190 region. Here is a nice downtrend with lower lows and lower swing highs from 0.7435, ...

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NZD/USD Bearish Slope Marks the Downtrend

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NZD slides as business confidence falls

The New Zealand dollar extended losses on Tuesday amid a massive in business confidence. During the Asian session, the Kiwi fell 0.60% against the greenback as it reached $0.7215. Business confidence tumbled to zero, the lowest level since September 2015 ...

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NZD/USD Accelerates The Sell-Off

The currency pair has dropped sharply today and resumes the bearish momentum. It seems too heavy to be stopped right now even if the USDX is bloodless. The USDX drags the pair down, but remains to see what will happen ...

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NZD/USD Edges Lower

The currency pair has dropped sharply today and resumes the bearish momentum. It seems too heavy to be stopped right now even if the USDX is bloodless. The USDX drags the pair down, but remains to see what will happen ...

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