NZDJPY - BULLISH BIAS
NZD - BULLISH
1️⃣ New Zealand’s GDP rose 1.6% quarter-on-quarter in the first quarter of 2021 after a revised 1.0% contraction in the previous period and against market expectations for a 0.5% surge. It is the biggest expansion since the 3rd quarter of 2019.
2️⃣ As a high-beta currency, risk-on market sentiment can give the NZD an advantage.
3️⃣ The Reserve Bank of New Zealand (RBNZ) may halt quantitative easing (QE) in the coming months as it prepares to raise rates, which also adds that market pricing indicates a more than 50% possibility of an OCR hike in November.
JPY - BEARISH
1️⃣ Positive global market sentiment could put pressure on safe-haven currencies like the JPY.
=====
TECHNICAL
=====
- We're buying this pair on pivot point + moving average area on H1 chart.
1️⃣ New Zealand’s GDP rose 1.6% quarter-on-quarter in the first quarter of 2021 after a revised 1.0% contraction in the previous period and against market expectations for a 0.5% surge. It is the biggest expansion since the 3rd quarter of 2019.
2️⃣ As a high-beta currency, risk-on market sentiment can give the NZD an advantage.
3️⃣ The Reserve Bank of New Zealand (RBNZ) may halt quantitative easing (QE) in the coming months as it prepares to raise rates, which also adds that market pricing indicates a more than 50% possibility of an OCR hike in November.
JPY - BEARISH
1️⃣ Positive global market sentiment could put pressure on safe-haven currencies like the JPY.
=====
TECHNICAL
=====
- We're buying this pair on pivot point + moving average area on H1 chart.
交易進行
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。