World > Short

NZD/USD Price Analysis: Buying spree towards 0.6450 pauses despite upbeat China data

1 month ago   |   By FXCM

NZD/USD bulls catch a breather near a three-month high with a top of 0.6432 after China's Caixin Services PMI.
Overbought RSI conditions, March month top question further upside.
200-day SMA, 61.8% Fibonacci retracement can challenge the short-term sellers.
NZD/USD recedes from the March month top to 0.6415 but remains 0.77% up on a day, even after China's Caixin Services PMI rose in May. The data published during early Wednesday suggest a hike to 55.00 versus 50.3 previous readouts.
Read: China Caixin Services PMI for May bunces back to growth, highest since late 2010 55.0 vs 44.4 in...
Read more ...

 

NZD/USD awaits fresh catalysts around three-month top beyond 0.6350

1 month ago   |   By FXCM

NZD/USD bulls catch a breather after probing March month's high with 0.6374 figures.
Risk-tone sentiment dwindles amid mixed messages from the US.
Aussie data, risk catalysts will be the key amid no major updates from New Zealand.
NZD/USD retraces from 0.6374, highest since March, to 0.6365 by the press time of early Asian session on Wednesday. While the kiwi pair's earlier run-up could be attributed to the broad risk-on sentiment and the US dollar weakness, the recent pullback might have taken clues from the US to pause near the multi-day top.
NBC cites the fears of the coronavirus second...
Read more ...

 


Search by Tags

   Short      US      Running      Donald Trump      New Zealand  


Glen Johnson predicts who will secure top-four finish

Glen Johnson predicts who will secure top-four finish

Johnson backed his former club Chelsea to finish in the top four Glen Johnson has backed Manchester United and Chelsea to pip Leicester to a top-four finish. Champions... Read more ...

Templegate's Horse Racing Tips: Newmarket and Ascot live on ITV - betting...

Templegate's Horse Racing Tips: Newmarket and Ascot live on ITV - betting preview for today's racing

NEWMARKET 1.50 FINEST SOUND ran a cracker to finish second to hot prospect Khaloosy in the Britannia Stakes at Royal Ascot last time. He was four lengths clear of the third... Read more ...

ADVERTORIAL: John Torode tells us why new season Scotch Lamb will always be...

ADVERTORIAL: John Torode tells us why new season Scotch Lamb will always be his favourite dish to cook once and use twice

Tuck into some new season Scotch Lamb PGI for taste and flavour that comes from the high quality animal welfare. Read more ...

Jared Kushner said the US would be 'really rocking again' by July. 7 states...

Jared Kushner said the US would be 'really rocking again' by July. 7 states are shutting back down, and new COVID-19 cases have set records 6 times in July's first 10 days

Jared Kushner's bold prediction from April about the country "really rocking again" by July has not held up. In the first 10 days of the month alone, the US has broken its... Read more ...

New World has been delayed to 2021

New World has been delayed to 2021

The New World release date has been delayed until 2021. Amazon Games' ambitious MMORPG, scheduled for launch August 25, has suddenly been pushed back into next year, the... Read more ...

FedEx reportedly threatens to remove signage from the Washington Redskins'...

FedEx reportedly threatens to remove signage from the Washington Redskins' home stadium unless the team changes its name

FedEx issued a one-sentence statement on July 2 urging the Washington Redskins to change their name. The Washington Post reported Friday that the company also sent a letter to... Read more ...

Steve Bruce insists claims Newcastle are stagnating under the ownership of...

Steve Bruce insists claims Newcastle are stagnating under the ownership of Mike Ashley are a 'myth'

In 13 years of Ashley the Magpies have been relegated twice and qualified for Europe once, with supporters long since protesting against his running of the club. Read more ...

Arsenal boss Mikel Arteta praises Jose Mourinho's start at Tottenham ahead...

Arsenal boss Mikel Arteta praises Jose Mourinho's start at Tottenham ahead of north London derby clash

Arsenal boss Mikel Arteta is expecting a ‘really tough' match at the Tottenham Hotspur Stadium Mikel Arteta insists he still ‘huge respect' for ‘world-class' manager Jose... Read more ...

Pep Guardiola says he is 'so confident Manchester City will be in Europe...

Pep Guardiola says he is 'so confident Manchester City will be in Europe next season'

Manchester City manager Pep Guardiola is adamant they will be participating in the Champions League or Europa League next season as the prospect of a two-year ban in Europe... Read more ...

2021 Nissan Ariya electric SUV to be revealed on 15 July

2021 Nissan Ariya electric SUV to be revealed on 15 July

Nissan has teased an all-new electric SUV called the Ariya in an online video ahead of the crossover's official debut on 15 July. Previewed as a concept car at last year's... Read more ...