fbpx

Daily Market Analysis 25|11|2020: NZDUSD

Instrument: NZDUSD

Technical Analysis

Bullish Preference: 
Buy if price trades above 0.69741 with take profit at 0.69841.
Bearish Preference: 
A sell is envisaged when price trades below 0.69443 with take profit at 0.69343.
Fundamentals:
4:00pm    USD Revised UoM Consumer Sentiment
8:00pm    USD FOMC Meeting Minutes

Comment: The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a fiscal boost from a new U.S. government triggered a shift of funds from the greenback to riskier assets.

Analysis: SCRUM Team

Leave a Comment

Your email address will not be published. Required fields are marked *

×
Free Online Class
Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Color
  • Additional information
  • Attributes
  • Custom fields
Compare
Wishlist 0
Open wishlist page Continue shopping