In my opinion this is a pair where the fundamentals and price action are in sync. Neither side wants a rise in price.
The monthly view below shows us how high the price has been of recent and desire of RBNZ to bring it down is known to everyone.
Taking a look at the daily chart, we see that…Continue
Just thinking aloud, not recommending any trade. Let us take a look at NZDUSD on the daily. The downtrend that started in July halted in the end of Sep and then began a period of consolidation that has a mix of red and white days. The bulls made some ground but the bias has shifted to the down side again. The counter - trend line (blue) has been broken rather convincingly last Fri and I am thinking that a big move down is not far away.…Continue