NZD/USD appreciates above 55-day SMA

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"It's quite surprising how quiet it is today given it's month-end, US equities are flattish for the month, and with the Fed and US data in the next couple of days." 
- SB Institutional (based on the New Zealand Herald) 

Pair's Outlook 
NZD/USD gained slightly today, the pair appreciated above the 55-day SMA and it is trying to break the monthly PP at 0.8570, which has been the main driver this month. In the short term we see the Kiwi making some small dips and climbs; however, in longer term the pair could approach the weekly R1 at 0.8629. Instead the majority of the daily technical indicators are largely giving ‘sell' signals. 

Traders' Sentiment 
The distribution between the proponents and opponents of the Kiwi's appreciation relative to the greenback remains more or less the same as 24 hours ago—26% and 74% accordingly.
© Dukascopy Bank SA

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.