46 0 2
Current trend

The pair NZD/USD             is showing growth in view of statements by FOMC head Janet Yellen about possible extension of the terms of interest rate increase. The lack of "hawkish" tendencies in the comments of the regulators' Chair disappointed the investors and catalyzed active sales of USD.

The data on the changes in the food products price index were released from New Zealand today and showed the growth of the indicator by 0.2%. The economy of the country depends on the export of agricultural goods and food products, and the growth of the indicator is beneficial for the national currency.

Another statement by FOMC head Janet Yellen is scheduled for today. Along with the release of jobless claims it will keep the market in tension. USD may strengthen at some point which will put pressure on NZD/USD             .

Support and resistance

On the D1 chart the instrument is moving in the narrow range formed by upper and lower lines of Bollinger Bands . MACD histogram is in the positive area with it volumes decreasing.

Support levels: 0.7280, 0.7250, 0.7200, 0.7160, 0.7130, 0.7100.

Resistance levels: 0.7330, 0.7385.

Trading tips

Long positions may be opened from the current price with targets at 0.7350 and stop-loss at 0.7260.

Short positions may be opened from the level of 0.7250 with targets at 0.7200 and stop-loss at 0.7280.

The period of implementation is 1-3 days.
More analytic from LiteForex:
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持标签 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出