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NZD/USD is expected to see a clear break of 0.6703/6697 to mark a resumption of the downtrend for a move the lows from August and September 2020 at 0.6511/6488, analysts … Read More
NZD/USD briefly pushed back above 0.6800 in wake of not as high as feared US inflation figures. Analysts said the market had been positioning itself for an upside surprise, hence … Read More
NZD/USD staged a goodish rebound from 50-day SMA support near the 0.7000 round figure. The risk-on impulse weighed on the safe-haven USD and benefitted the perceived riskier kiwi. Hawkish Fed … Read More
NZD/USD has failed at the 2021 downtrend at 0.7138 and is likely to see some near-term weakness. However, the longer-term chart implies that the kiwi’s long-term bull trend is still … Read More
NZD/USD recovers after refreshing monthly low, prints four-day losing streak. 200-day EMA challenges bears ahead of the key Fibonacci retracement levels. NZD/USD picks up bids to 0.7024, following a downtick … Read More
