NZDUSD – forex forecast for the upcoming week 02-06 April 2018.

The NZDUSD currency pair is traded on Forex in a down channel.

Forecast NZDUSD Daily-310318
However, already for 2 months Kiwi finds buyers at a long-term level around the value of 0.72000 (orange line). Continue reading

Reserve Bank of New Zealand rate unchanged (1.75%) – statement of March 21, 2018

Statement by Reserve Bank Governor Grant Spencer:

RBNZ

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Continue reading

RBNZ keeps Official Cash Rate unchanged at 1.75 percent

Monetary Policy Statement for February 2018

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.
RBNZ

Global economic growth continues to improve. While global inflation remains subdued, there are some signs of emerging pressures. Continue reading

Technical analysis NZDUSD – divergence of MACD on H4.

The New Year’s fall of the US dollar led to the growth of almost all currency pairs against the dollar. And the New Zealand dollar is no exception. However, at the moment, a pair of NZDUSD has formed a divergence on the MACD indicator on a 4-hour timeframe.

Analysis NZDUSD H4-030118

This may be the first signal for a possible pair correction. Continue reading