Tag - nzd - new zealand dollar

Let's find out the trading opportunities for this week.

Have a look at the pair EUR/NZD as it might present some interesting trade ideas.

The last 'V-Bottom' pattern has been confirmed, so that's why the price is consolidating. It's likely that the pair is going to...

There's a 'Double Top' pattern, which has been confirmed, so the price is likely going to test the nearest support at 0.6543 in the short term...

This week NZD/USD tested the lowest levels since October in the area of 0.6525 after the Reserve Bank of New Zealand reduced its interest rate to 1.5%.

AUD/NZD spiked to 1.0720 this week after the Reserve Bank of New Zealand cut interest rate but then quickly retreated back to 1.06.

Some fresh analytics for today

There's a 'V-Top', so the market is likely going to continue declining. The main bearish target is the next support...

What will happen to markets this week

We've got a 'Triple Top' pattern, which supposed to be the beginning of a local downward correction...

New week - new trading opportunities!

There's a 'Thorn' pattern, which is likely going to be confirmed soon. In this case, we should watch the nearest resistance...