Chinese EspaƱol Sat, 22 Nov 2008
head-search-back
News Calendar Charts Currency Rooms Forum Forex Trading Signals

Research

nzd/usd Technicals

Friday, 21 November 2008 14:45:52 GMT

New Zealand Dollar Technical Outlook

By David Rodriguez, Quantitative Analyst

nzd/usd Fundamentals

Saturday, 22 November 2008 03:30:52 GMT

New Zealand Dollar To Weaken As Interest Rate Outlook Plunges

By David Song, Currency Analyst
Central Bank Interest
Central Bank Calendar
EURJPYGBPAUDCADNZDCHF  

New Zealand Dollar (NZD)

ico-clock Current Time - Auckland: 8:31 PM | EST: 2:31 AM | GMT: 7:31 AM


SENTIMENT AND POSITIONING
SSI Positioning

NZD/USD Ratio: 1.14
Signal: Bearish


Full Article
COT Positioning
FUNDAMENTALS — THIS WEEKS ECONOMIC RELEASES
Most Recent Economic Releases Forecast Previous
NZD New Zealand Performance of Services Index (SEP)
NZD Food Prices (MoM) (OCT) 0.6%
NZD Producer Prices- Inputs (QoQ) (3Q) 5.6%
NZD Producer Prices- Outputs (QoQ) (3Q) 3.5%
NZD Visitor Arrivals (OCT) -6.0%
NZD NZ Card Spending (MoM) (OCT) 0.0%
NZD Credit Card Spending (YoY) (OCT) 2.7%


rounded-corner-top-left
rounded-corner-top-right
Technicals - Support and Resistance for NZD
Support and Resistance Levels Interest Rate Outlook
Key Levels Strength Comments Timeframe Target
R4 0.6341 Medium 50.0% Fibo of 0.6898-0.5789 Benchmark 6.500
R3 0.6417 High 50-Day SMA
R2 0.6000 Weak Psychological Resistance 1 Week 6.500
R1 0.5790 High 20-Day SMA 1 Month N/A
S1 0.5586 High 61.8% Fibo 0.3987-0.8210 3 Month N/A
S2 0.5500 Weak Psychological Support 6 Month N/A
S3 0.5433 Medium Bollinger Band Support 9 Month N/A
S4 0.5350 Medium 10/27 Low 1 Year 5.440
rounded-corner-bottom-left rounded-corner-bottom-right

FROM THE CENTRAL BANK
  Central Bank: Reserve Bank of New Zealand
  Current Bias: Hawkish
  Current Interest Rate: 6.50%
  Last Change: 10/22/08 cut 100bp
  Next Meeting: 12/03/08    More Dates
Latest RBNZ Interest Rate Outlook
 
Central Bank Governor:  Dr. Alan Bollard

Current Voting Members:  Dr. Alan Bollard