NZDCAD - BEARISH BIAS

2 Haz 2021

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MARKET OUTLOOK
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NZD - BEARISH
1️⃣ New Zealand’s export prices declined 0.8% in the first quarter of 2021, adding to the decline from a 0.4% fall in the previous period. The market expects only to fall by 0.6%. The fall in prices reflected a decline in the price of dairy products which fell 2.4% and meat which fell 1.5%.

CAD - BULLISH
1️⃣ A ramp-up in global vaccination efforts and a strong economic recovery could push the loonie higher.
2️⃣ The Canadian central bank is expected to keep its current guidance on interest rate hikes starting in the second half of 2022.
3️⃣ Rising oil prices underpinned the CAD.
4️⃣ Canada's economic growth in the first quarter remained robust.

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TECHNICAL
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- We're shorting this pair on SBR level + SMA50 area + pivot point area on H1 chart.

2 Haz 2021

İşlem aktif

2 Haz 2021

İşlem elle kapatılmış

Close on 0.87180