NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS
- NZD FEATURE is currently down a bit. The main reason for this is that COMMODITIES are DOWN and some EQUITIES are DOWN. The NZD FEATURE stands at 0.6732 LEVEL. DXY is currently UP. According to the MARKET SENTIMENT and the USD is currently slightly STRONG. Prices are below NZDUSD DYNAMIC LEVELS.
- Currently SENTIMENT OVERALL MARKET SENTIMENT OVERALL MARKET is RISK ON. Also the EQUITIES have become a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES are now showing a DOWN SIDE BIAS. Currently on the market is a RISK ON SENTIMENT. HIGH BEATA CURRENCIES UP MARKET RISK ON.
- NZDUSD PRICE can return to 0.6660 LEVEL and then UP from that LEVEL. NZDUSD SHORT TERM may be further BUY if COMMODITIES PRICES UP UP, VOLATILITY DOWN.
- Currently SENTIMENT OVERALL MARKET SENTIMENT OVERALL MARKET is RISK ON. Also the EQUITIES have become a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES are now showing a DOWN SIDE BIAS. Currently on the market is a RISK ON SENTIMENT. HIGH BEATA CURRENCIES UP MARKET RISK ON.
- NZDUSD PRICE can return to 0.6660 LEVEL and then UP from that LEVEL. NZDUSD SHORT TERM may be further BUY if COMMODITIES PRICES UP UP, VOLATILITY DOWN.