Monthly Archives: November 2017

NZDUSD is set for further downside as decline continues

NZDUSD appears to be carving out a lower top after reversing back down from the November 28 high of 0.6945. The recent corrective move from 0.6780 stalled and downside momentum gained speed, turning the focus back to the downside. Looking at the 4-hour chart, RSI is now in bearish territory below…

Market sentiment is positive ahead of key Senate vote

Market sentiment has been boosted in recent days as the prospects for passing tax reform in the US Senate have improved and ever strengthening US economic data have impacted across markets. Treasury yields have jumped and perhaps more importantly, the longer end of the yield curve has steepened with…

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