TECHNICAL ANALYSIS
#NZDUSD weekly si muove all'interno di un canale discendente.
Nel daily siamo in presenza di un doppio massimo con engulfing, quindi questo pattern sembrerebbe voler confermare analisi weekly.
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#NZDUSD is moving within a descending channel.
In the daily chart we see a double top with engulfing, so this pattern would confirm weekly analysis.
Is it forming a weekly bearish correction?
#NZDUSD weekly si muove all'interno di un canale discendente.
Nel daily siamo in presenza di un doppio massimo con engulfing, quindi questo pattern sembrerebbe voler confermare analisi weekly.
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#NZDUSD is moving within a descending channel.
In the daily chart we see a double top with engulfing, so this pattern would confirm weekly analysis.
Is it forming a weekly bearish correction?
The #USDJPY did rally 2% today almost 250 pips after BOJ chief Kuroda's commentary
#NZDUSD tumbles to the 0.6450 area, lowest since June 2020.
#AUDNZD approaches 1.1000 and retreats.
#GBPUSD has lost its traction and touched its lowest level since July 2020 near 1.2410 after having recovered toward 1.2500 with the initial market reaction to the disappointing US Q1 GDP data.
#EURUSD looking to stabilize around 1.0500
After hitting a fresh five-year low at 1.0470, the EUR/USD pair managed to climb back above 1.0500 on the back of disappointing US GDP data.
#NZDUSD tumbles to the 0.6450 area, lowest since June 2020.
#AUDNZD approaches 1.1000 and retreats.
#GBPUSD has lost its traction and touched its lowest level since July 2020 near 1.2410 after having recovered toward 1.2500 with the initial market reaction to the disappointing US Q1 GDP data.
#EURUSD looking to stabilize around 1.0500
After hitting a fresh five-year low at 1.0470, the EUR/USD pair managed to climb back above 1.0500 on the back of disappointing US GDP data.
#NZDUSD slides back under 0.6500 as buck pairs intra-day losses post-US data dump.
A pickup in the strength of the US dollar today has seen NZD/USD reverse back from intra-day peaks in the 0.6540s to trade back below 0.6500 and close to multi-month lows once again.
The latest batch of US data showed core inflationary pressures (according to the Core PCE Price Index) easing in March, but a larger than expected jump in the Employment Cost Index during Q1.
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#NZDUSD è di nuovo sotto 0,6500
La ripresa della forza del dollaro USA oggi, ha visto NZD / USD dai massimi intra-day a 0,6540 tornare ancora una volta sotto 0,6500, vicino ai minimi mensili.
L'ultima serie di dati statunitensi ha mostrato un allentamento delle pressioni inflazionistiche core (secondo l'indice dei prezzi Core PCE) a marzo, ma un balzo maggiore del previsto nell'indice del costo del lavoro durante il 1° trimestre.
#analysis #trading #forex #3STacademy
A pickup in the strength of the US dollar today has seen NZD/USD reverse back from intra-day peaks in the 0.6540s to trade back below 0.6500 and close to multi-month lows once again.
The latest batch of US data showed core inflationary pressures (according to the Core PCE Price Index) easing in March, but a larger than expected jump in the Employment Cost Index during Q1.
———————-
#NZDUSD è di nuovo sotto 0,6500
La ripresa della forza del dollaro USA oggi, ha visto NZD / USD dai massimi intra-day a 0,6540 tornare ancora una volta sotto 0,6500, vicino ai minimi mensili.
L'ultima serie di dati statunitensi ha mostrato un allentamento delle pressioni inflazionistiche core (secondo l'indice dei prezzi Core PCE) a marzo, ma un balzo maggiore del previsto nell'indice del costo del lavoro durante il 1° trimestre.
#analysis #trading #forex #3STacademy