NZD/USD Forex Signal

 

Get the NZD/USD Forex Signal for April 11, here. Yen Higher after US Threatens More Tariffs | 4/6/ AM The Japanese Yen rose against the US Dollar as FX traders sought the safe haven currency after the US President raised the issue of Chinese tariffs yet again.

There is nothing important due today concerning the NZD. Neutral since 23 Jul 18,

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Conditions in the demo account cannot always reasonably reflect all of the market conditions that may affect pricing and execution in a live trading environment. It is one of the 10 most-traded currencies in the world, and gained considerable appeal during the multi-decade commodity boom that took place around the globe. Kiwi appreciation had gotten so high that the Reserve Bank of New Zealand began intervention efforts in , seeking to devalue New Zealand Dollar. E-Mail Please enter valid email.

Phone Number Please fill out this field. Country Please Select Please select a country. Yes No Please fill out this field. While upward pressure is starting to wane, there is still scope for EUR to make another run to test the major 1. That said, this has to happen within these 1 to 2 days as a more prolonged consolidation at these levels would greatly increase the risk of a short-term top. Conversely, a break of the 1. Neutral since 21 Aug 18, spot at 1. Room for GBP strength to 1.

No change in view. The break of 1. Despite the strong surge, we are not ready to adopt a bullish stance just yet. That said, after the outsized rally, the pressure is clearly on the upside and we see room for further GBP strength to 1. Neutral since 21 Aug 18, spot at 0. Year-to-date low of 0. AUD dipped below the bottom of our expected 0. Neutral since 21 Aug 18, spot at 1. Room for GBP strength to 1. The break of 1. Despite the strong surge, we are not ready to adopt a bullish stance just yet.

That said, after the outsized rally, the pressure is clearly on the upside and we see room for further GBP strength to 1. Neutral since 21 Aug 18, spot at 0. AUD is expected to trade sideways. AUD dipped to a low of 0. Most indicators are showing mixed signals after the recent choppy price actions and we continue to hold a neutral stance from here.

In other words, we still expect AUD to trade sideways, likely within a 0. Neutral since 20 Aug 18, 0.