The Fundamentals favors the USD over the NZD:
- GDP Growth: (NZD: -0.6% / USD: 2.6%)
- Inflation: (NZD: 7.2% / USD: 6.4%)
- Unemployment: (NZD: 3.4% / USD: 3.5%)
- Interest Rates: (GBP: 4.75% / USD: 5.00%)
Sentiment:
-COT Report: shows /68.4%/ of the institutional open contracts are long on the USD, while /30.3%/ are long on the NZD.
This favors the USD over the NZD.
- Retail Sentiment: 83% of retail traders are Long.
Technical:
The Price is in a good and healthy downtrend, made a retracement to the /0.681/ fib zone which is a resistance level as well, it couldn't break it, and broke the retracement trend line.
Trade Safe!
- GDP Growth: (NZD: -0.6% / USD: 2.6%)
- Inflation: (NZD: 7.2% / USD: 6.4%)
- Unemployment: (NZD: 3.4% / USD: 3.5%)
- Interest Rates: (GBP: 4.75% / USD: 5.00%)
Sentiment:
-COT Report: shows /68.4%/ of the institutional open contracts are long on the USD, while /30.3%/ are long on the NZD.
This favors the USD over the NZD.
- Retail Sentiment: 83% of retail traders are Long.
Technical:
The Price is in a good and healthy downtrend, made a retracement to the /0.681/ fib zone which is a resistance level as well, it couldn't break it, and broke the retracement trend line.
Trade Safe!
Not
The price hit the Stop loss .. I'm still bearish on this NZDUSD and looking for another short entry
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.