NZD/JPY buying opportunity
i believe NZD/JPY is looking to find support somewhere around here... PURELY FUNDAMENTAL from my perspective but it lines up with the TECHNICALS.
Tonight 7:30PM Est
we have AUD employment change and unemployment rate.. as long as they come in better than expected or at expected numbers, aud is going to spike upwards. Aud/Nzd tend to follow the same path, so if it's bullish for AUD, it's bullish for NZD.
Sunday 4:45 EST before market even opens NZD is reporting retail sales which may lead to a gap just prior to the open which i don't think they'll be to fond of closing.
Tuesday Nov 24th 3PM is the RBNZ Financial Stability Report
ALSO as we have seen TWICE now, any progress into a vaccine has led to the weakening of JPY, GOLD, and put a slight bid to the DOLLAR (which ultimately is a fake out, only because it put a bid into the dollar OVER the yen, meaning dollar is still weak)
Tonight 7:30PM Est
we have AUD employment change and unemployment rate.. as long as they come in better than expected or at expected numbers, aud is going to spike upwards. Aud/Nzd tend to follow the same path, so if it's bullish for AUD, it's bullish for NZD.
Sunday 4:45 EST before market even opens NZD is reporting retail sales which may lead to a gap just prior to the open which i don't think they'll be to fond of closing.
Tuesday Nov 24th 3PM is the RBNZ Financial Stability Report
ALSO as we have seen TWICE now, any progress into a vaccine has led to the weakening of JPY, GOLD, and put a slight bid to the DOLLAR (which ultimately is a fake out, only because it put a bid into the dollar OVER the yen, meaning dollar is still weak)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.