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NZDUSD Forex Analysis May 29th to June 2nd 2017

Previous Week Update:

  • Before:
  • After:
  • Followed path A without the last kiss and reached out predicted target <3.

Upcoming NZD News:


NZD, AUD CAD: Gradual Turn Against USD; What's The Trade? - SocGen

Societe Generale FX Strategy Research notes that NZD, AUD, and CAD are in the process of tracing out gradual turns against the US dollar.

“Anticipation of a higher milk price forecast from Fonterra this Thursday, and hope of tax cuts on Thursday when a bigger budget surplus is expected to be announced in New Zealand, are boosting NZD which is dragging AUD along behind it; CAD is following at a respectable distance behind,” SocGen notes.  103 more words

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NZDUSD Forex Analysis May 22nd to May 26th 2017

Previous Week Update:

  • NZDUSD stayed in the same consolidation zone as last week and briefly followed B path.

Upcoming NZD News:

  • None!

Monthly: Previous 3 Black crows, broken trendline, may be creating top wick before dropping. 210 more words


Market Update | 11th May 2017 | FOMC Meeting, Crude Oil, RBNZ Rate Decision & more

Good evening everyone! Here’s another mid-week update for you continuing from previous points raised in our forecast – lots to look out for, so stick with us. 152 more words

Bank Of England

Get to Know the Top Commodity-Linked Currencies

There are currencies of countries that are heavily reliant on commodity export. Hence, they are being called commodity currencies. It is important to note by any currency trader that the value of commodity currencies climbs and drops and is directly proportionate with the value of the country’s major commodity exports. 512 more words

Sheep, Milk and the Kiwi ...updated 03/23/2017 and the power of the RSI M's and W's

03/23/2017 – note this pattern on the KIWI.

Certainly looks like it ‘wants’ to go down and tag the level shown.  last night I blogged about “cotton” banging into the first portion of the pretty big gap and it appears (please see below) that the “Milk Non-Fat Futures” has completed an upward correction and will plumb the lows again. 511 more words

AUD, NZD, CAD: Caution Warranted Vs EUR, JPY, CHF Into House Vote - Nomura

Nomura Research notes that the key upcoming test for the risk environment and for the ‘Trumpflation trade will be the House vote on the American Health Care Act on Thursday. 118 more words

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