Nzd/usd question

Hey all,

I have been interested in the NZD/USD pair. I was wondering if anyone can give me advice how this pair moves, and good resources for economic news. Like what moves this pair the most. I would appericate any feed back.

Thanks

Hi there…

I spent tons of time watching this pair…

These are the things that move it:

USD moves;
Global Dairy Trade auctions (every two weeks);
RBNZ statements and OCR changes;
risk-on or risk-off sentiment.

HOUSING MARKET, esp. in Auckland;
Chinese data;
El Niño.

you can look at the NZD currency futures to see what volume is doing in relation to price:

CommodityCharts.com: Futures & Forex Quotes, Futures Charts, Custom Quoteboards, Commentary

Thanks for all the information :slight_smile:

Good luck…I am no good at trading but the above info is genuinely helpful for Kiwi trading

NzD/UsD reaction:


Hello,
The NZD/USD pair is developing in an ascending move since August following the rebound on the 0.6100 support level. Currently, the pair bounced off the 100-weekly SMA, however, slightly higher there is a strong obstacle, the 50-daily SMA.

Hi there,
i have been monitoring this pair long time.
What affects it the most is (according my analysis):
Housing - pending home sales, home sales in USA.
RBA statements and policies.
Strong dollar

I like this pair. what strategy would you use for this pair?..
I m an hybrid trader I am dayly and scalper trader