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benny_marshall

NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS

Yeni Zelanda Doları / ABD Doları (FX:NZDUSD)  
benny_marshall  
FX:NZDUSD   Yeni Zelanda Doları / ABD Doları
Trend Analysis Wave Analysis Fundamental Analysis NZDUSD nzdusdanalysis nzdusdbreakout nzdusdsignal nzdusdforecast nzdusdelliotwavecount nzdusdpattern nzdusddaily nzdusdlongsetup
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trendanalysis waveanalysis fundamental nzdusd nzdusdanalysis nzdusdbreakout nzdusdsignal nzdusdforecast nzdusdelliotwavecount nzdusdpattern nzdusddaily nzdusdlongsetup
- NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and some strength in the dollar. Due to MARKET RISK OFF in the previous few days, COMMODITIES also fell down very fast. Because of that, every NZD BASED CURRENCY PAIR was SOLD. AUD, NZD, CAD, CURRENCIES SELL in these few days due to MARKET RISK OFF again in this week.

- Thus, COMMODITIES are selling quite fast. It also affects the NZD very strongly.

- Anyway, NZDUSD can sell further until it reaches 0.5929 LEVEL. And after that, if the MARKETS RISK is ON, you can definitely BUY until the NZDUSD 0.6253 LEVEL.

Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
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