NZD/USD remains positive above short-term key resistances (now supports).
200-HMA on the bulls’ radars, multiple support to question the bears’ re-entry.
Having breached 100-HMA and two-week-old falling trend line, NZD/USD takes the bids to 0.5780, up 1.10%, during the initial trading hours on Tues
New Zealand’s (NZ) Treasury is out with its monthly economic indicators report, with the key takeaways found below.
Domestic data from January signaled a pickup in momentum with ANZ's Heavy Traffic Index and BusinessNZ sentiment indicators showing large gains. However, the COVID-19 outbreak is weig
NZD/USD refreshes multi-week low amid broad weakness.
Failures to cross November 2019 lows during the recent pullback push the bears to target 0.6240/35 support confluence.
The early-month bottom, 61.8% Fibonacci retracement offer immediate resistances to watch.
NZD/USD declines to 0.6282, down 0.4
AUD/USD, “Australian Dollar vs US Dollar”
AUD/USD is trading at 0.6602; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6625 and then resume moving downwards to reach 0.6520. Anothe