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Author Archives: NZD Editor

AUD/NZD Awaiting Breakout with Bullish Bias

After finding resistance at 1.0890 last week, AUD/NZD started to consolidation in a range between that high and a low near 1.07. The 1H chart shows that 1.0850 is a more common resistance, so even above 1.0850, we might anticipate a bullish extension above ...

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AUD/NZD declines but holds above 1.0730

FXStreet (Córdoba) - AUD/NZD is about to end the day lower but despite the decline continues to trade sideways, near multi-month highs. Bad day for AUD and NZD Both currencies dropped sharply against the US dollar on Tuesday, extending weekly losses.

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NZD/USD eyes May lows

FXStreet (Córdoba) - NZD/USD rose during the Asian session on the back of economic data from New Zealand but failed to hold to gains and resumed the decline. Recently printed a fresh weekly low at 0.7340. NZD/USD retreats from 0.7445 A stronger US dollar ...

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NZD/USD Is in a Bearish Continuation Attempt

USD Strength and Fundamental Backdrop: The USD is starting this week with a bit of strength. We looked at the EUR/USD, GBP/USD and AUD/USD as they retreated. Out off all the USD crosses, NZD/USD is one of the better ones to short because NZD

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Dollar sell-off takes a pause, Kiwi hit hardest

The government on Sunday said that income gained on residential properties sold within two years of purchase would be taxed at up to 33 percent. The kiwi NZD=D4 dropped 1.20 percent to $0.7384. The dollar traded at 119.87 yen, a gain of 0.50 percent JPY=EBS.

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AUD/NZD climbs back above 1.0800

FXStreet (Córdoba) - AUD/NZD rose back above 1.0800 and approached last week highs on the back of a weak kiwi across the board. The pair peaked recently at 1.0839, reaching the highest level since last Wednesday. Currently trades at 1.0820, almost a ...

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