Forex Signals Brief for November 21: Services and a 75 bps RBNZ Hike This Week
The RBNZ is expected to raise rates by 75 bps on Wednesday, while European and US services are expected to remain in contraction Full Article
Will NZD/USD Resume the Downtrend After FED’s Decision?
NZD/USD giving bearish signals after failing to hold above the 50 daily SMA and failing to reach 0.70 Full Article
Will NZD/USD Resume Downtrend After the Retrace Up to the 50 Daily SMA?
NZD/USD has retraced 4 cents higher in the last three weeks, but the bullish momentum seems to be over and a bearish reversal will likely fo Full Article
Will the RBNZ Continue With Rate Hikes After the Q3 Inflation Report?
The RBNZ has hinted about stopping with rate hikes and with inflation slowing they should head there, which is negative for the NZD Full Article
Forex Signals Brief for October 5: Will the USD Dive on ISM Services Too?
We have seen the USD dive on softer ISM manufacturing and JOLTS jobs in the last two days, so we'll watch ISM services closely today Full Article
Shorting NZD/USD As FED’s Evans Keeps Leaning on More Rate Hikes
NZD/USD tumbled lower in the last few days, but it has retraced higher today. Although we're using this opportunity to sell this pair Full Article
Booking Profit on NZD/USD, As the Slide Continues Post RBNZ Orr Speech
Earlier today we opened a sell forex signal in NZD/USD which closed in profit as the selloff continues in this pair Full Article
NZD/USD Still Vulnerable Around 0.60 Despite the Q2 GDP Expansion
NZD/USD remains bearish and is challenging the 0.60 support zone, despite the increase in the Q2 GDP in New Zealand Full Article
Forex Signals Brief for August 19: No Hawkish Hints from the FED
The FED didn't make any hawkish hints in the meeting minutes released last night, which put the USD back on the bullish trend Full Article
Forex Signals Brief for July 13: US Inflation and BOC 75 bps Rate Hike After RBNZ 50 bps Hike
The risk-off sentiment continued yesterday as well in financial markets, and we continued to book profit on our forex and crypto signals Full Article
Forex Signals Brief for May 26: US Q1 GDP to Be Revised A Tick Higher
Yesterday the USD finally started to put up a fight after declining for a week, while today the US GDP is expected to be revised up Full Article
Forex Signals Brief for May 25: RBNZ Hiking Rates for the 5th Time
UK services slowed considerably last month, showing that the global economy might head into recession due to inflation and higher rates Full Article
New Zealand’s Annual Inflation Touches Three Decade High in Q4 2021
New Zealand is the latest country to report a surge in inflation, a factor that is raising uncertainties in economic recovery around the Full Article
Selling the Retrace in NZD/USD at Resistance
The retrace in NZD/USD has ended and now this pair is reversing down, so we decided to sell at resistance Full Article
