New Zealand Dollar and Pound set for bout of volatility

From a technical perspective the exchange rate is trading in a range, resembling a triangle pattern and although it has been directionless for several months now, a volatile period is promised fairly soon.

August 28,2018

The New Zealand reached a key 'make-or-break' technical level against the US Dollar Wednesday but chart signals of what might happen next are mixed, analysts are pessimistic in their outlook and the Kiwi's fundamentals are weak.

August 22,2018

The Pound-to-New Zealand-Dollar rate remains stuck in a tight range but the formation of a narrowing triangle pattern on the charts suggests a breakout is now in the cards.

August 20,2018

The New Zealand Dollar has recovered from two-year lows strongly this week in response to signs of a "trade war" detente between the US and China, but analysts from Bank of New Zealand (BNZ) say it could have further to run in the months ahead. 

August 17,2018

The Pound may rise against the New Zealand Dollar over the short-term because charts are showing the formation of a bullish set-up.

August 15,2018

NZD

GBP/NZD potentially completing a triangle pattern which will probably breakout soon but there is uncertainty as to whether the break will be higher or lower.

August 13,2018

The New Zealand Dollar crumbled Thursday after the Reserve Bank of New Zealand (RBNZ) told markets that Kiwi interest rates will remain at their current record lows for longer than even the most downbeat of analysts had previously expected.

August 9,2018

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