NZD/CHF formed a bearish candlestick with a long lower shadow on W1.
Tag - nzd - new zealand dollar
Technical analysis of GBP/NZD
NZD/USD got rejected from the 200- and 100-day MAs in the 0.6710-0.6995 area.
The USD is up after the US-China meeting…
AUD/NZD has been forming a series of lower highs since April. This week the pair settled below the 100-day MA at 1.0500.
EUR/NZD made a top in June and went down going through the 50-day MA (1.7035) and the support line from March lows.
The market's focus has shifted to the upcoming G20 meeting…
The USD pulled back up a bit versus the EUR, the GBP, and the JPY…
Technical analysis of NZD/CHF
What may bring us some trading opportunities?
NZD/CHF is trading within a downtrend on D1. The currency pair went below 78.6% at 0.6450 and is likely to test levels around 0.6390/70.
The upcoming days are going to contain lots of important economic events. Let’s go through them together in order to prepare for profitable trading.