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Tag: NZDUSD

NZDUSD Bear Market Prevails as RBNZ Rate Cut Expectations

NZDUSD Technical Analysis J.J. Edwards -
On Thursday, the New Zealand dollar remained weak, trading around $0.586 against the Greenback. Investors anticipate that the Reserve...

NZDUSD Stalls as RBNZ Rate Cuts Loom

NZDUSD Technical Analysis J.J. Edwards -
The New Zealand dollar remained steady around $0.588, benefiting from a pause in the U.S. dollar's rally. However, the...

NZDUSD Dips Despite Strong Economic Data

NZDUSD Technical Analysis J.J. Edwards -
FxNews—The NZD/USD pair slipped below the August 5 low at $0.585, even though the country's economic data was better...

Fed Rate Cut Looms as NZDUSD Tests Critical Support

NZDUSD Technical Analysis J.J. Edwards -
FxNews—The NZD/USD trades bearishly. In today's trading session, it tested the August 5 low ($0.585). As of this writing,...

NZDUSD Tests $0.591 as NZ Central Bank Plans Rate Cut

NZDUSD Technical Analysis J.J. Edwards -
On Wednesday, the New Zealand dollar traded around $0.592, nearing its lowest point since early August. This decline is...

Sellers May Drive NZDUSD Below $0.595 Soon

NZDUSD Technical Analysis J.J. Edwards -
FxNews—The New Zealand dollar trades bearishly against the Greenback at approximately $0.596, below the 100-period simple moving average. As...

NZDUSD Dips Below $0.596 Amid Strong Bearish Signals

NZDUSD Technical Analysis J.J. Edwards -
FxNews—On Thursday, New Zealand's main stock index, the S&P/NZX 50, dropped by 0.4% and closed at 12,639 points. This...

NZDUSD Nears Key Fibonacci Level as NZDX50 Stabilizes

NZDUSD Technical Analysis J.J. Edwards -
FxNews—The S&P/NZX 50 index in New Zealand showed minimal changes, ending at 12,783 this Tuesday after a public holiday....

NZDUSD Poised to Break $0.604 Amid NZX50 Gains

NZDUSD Technical Analysis J.J. Edwards -
FxNews—New Zealand's primary stock index, the S&P/NZX 50, increased by 0.8%, closing at 12,860 NZD this Monday. After a...

NZDUSD Under Pressure as New Zealand Economy Struggles

NZDUSD Technical Analysis J.J. Edwards -
FxNews—On Monday, the primary stock index of New Zealand, the S&P/NZX 50, fell by 0.6%, ending the day at...

NZDUSD Sell-off Resumes as NZX 50 Jumps

NZDUSD Technical Analysis J.J. Edwards -
On Wednesday, New Zealand's main stock index, the S&P/NZX 50, rose by 1.75%, closing at 12,776. This gain ended...

NZDUSD Technical Analysis – 2-October-2024

NZDUSD Technical Analysis J.J. Edwards -
FxNews—The New Zealand dollar has been dipping against the U.S. dollar from $0.638 (September 30 High). Subsequently, the currency...

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