Tags » NZD

Economic Calendar Asia Session

We have New Zealand’s interest decision tonight where markets expect a hike in the OCR rate from 2.75% to 3.00%, a 25 bps increase. New Zealand is the first of the majors to start a hiking cycle, raising its OCR rate from 2.50% to 2.75% back in on March 12th.  113 more words

Event Calendar

VIDEO : Trade Set up analysis NZD/CAD 4 Hr Donchian Channel ( DNC)

VIDEO : Trade Set up analysis NZD/CAD 4 Hr Donchian Channel ( DNC)

A potential trade set up analysis using Donchian Channel with 2 tools the trading tigers have created. 131 more words

Trading

NZD/USD finding trend line support, may rise on rate hike

The New Zealand dollar is finding support at the downtrend line that goes back to 2011, it is currently trading around the middle of the trading range for today at 0.858. 96 more words

Finance

NZD/USD finding trendline support, may rise on rate hike

The New Zealand dollar is finding support at the downtrend line that goes back to 2011. Next week the RBNZ is expected to hike rates from 2.75% to 3%, which means NZD may gain some strength as a result and could be why we are not making a lot of progress to the downside. 8 more words

Finance

NZD/USD targeting 0.85, NZD rate decision next week

The New Zealand dollar has fallen as expected.  The combination of a dark cloud cover candle pattern and bearish RSI divergence is following through. Whether or not this pair follows through more and breaks below 0.236 fib support around 0.85 will likely have to wait until next Wednesday when the RBNZ is expected to hike rates.

Finance

NZD/USD Technical Analysis April 14th 2014

The New Zealand dollar is continuing to consolidate but should reverse lower soon.  The combination of a dark cloud cover candle pattern and bearish RSI divergence is enough to cancel out the hammer candle, however we could see some consolidation for at least another week or two before a final push lower. 12 more words

Finance

Forex Outlook for the week of 4/14-4/18

Here are the major events occurring for the major currency pairs this week. For the USD, US advanced retail sales should show an improvement from prior, following the retail sales release on Tuesday there should be a pickup in CPI data which should lead to a further USD bounce. 69 more words

Stocks