Archive for Tag: NZDUSD forex pair

U.S. Dollar Index

Dollar Down as Recession Fears Continue to Mount

NZDUSD is trading down 0.25% at 0.6270 The dollar was down on Thursday morning in Asia amid rising concerns of slowing economic growth after the U.S. Federal Reserve Chair’s hawkish testimony. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.07% to...

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forex technical analysis

NZDUSD Technical Analysis, Forecast and Trading Tips

NZDUSD Technical Analysis: Weekly Chart In the weekly charts, NZDUSD is trading in down channel. NZDUSD is currently trading below all SMA. RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 0.6210 & the resistance level...

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