Early on Monday morning in Asia, 23:50 GMT on Sunday for the rest, the Bank of Japan (BOJ) will release monetary policy minutes of its latest meeting. With the recently downbeat economic outlook in the quarterly forecast, traders will look for surprises in the details, if any. It’s worth mentioning
Things to contemplate for those who are trading in NZD:
1. NZD/CHF outlook bearish as the pair struggles to surmount key resistance range
2. NZD/CAD trading at 13-month highs, but are technical cues h...
RBNZ, NZD/JPY, NZD/CAD, NZD/CHF TALKING POINTS:
RBNZ expected to keep OCR steady at June 24 monetary policy meeting
NZD recent appreciation running out of steam as fresh bout of risk aversion floods into financial markets
NZD/CAD possible double top at key resistance; NZD/CHF at risk of breaking do
We are at the end of “Wave B“ as per Elliott Wave Principle, we are expecting the price to start to move downward with the " Wave C". Stop Loss: 0.6305 Entry Point: 0.6245 Target Profit: 0.5990 Do not hesitate any question for clarification. Good Luck!
NZD/CHF hits my watchlist for a potential pop in volatility from the upcoming Reserve Bank of New Zealand’s latest monetary policy statement.
Will we get dovish rhetoric to sent the Kiwi lower, or w...