NZDUSD Awaits a Bullish Recovery as a Mean Reversion
The NZDUSD pair trades at the 0.5648 level, halting its two-day dropping run. The weak US dollar (USD) and apprehensive market sentiment before President-elect Donald Trump's inauguration that follows the day are to blame for the pair's upward movement.
NZDUSD Bulls Might Find a Hope From a Valid Discounted Zone
The NZDUSD pair is losing momentum for the fourth day in a row, before this week's important economic reports Nonfarm Payrolls (NFP) and ISM Services PMI, which could provide hints about the scope of the Fed's possible interest rate cuts this month.
Fundamental Analysis of the NZD/USD Currency Pair
Master the art of fundamental analysis for the NZD/USD currency pair this comprehensive guide. Explore the factors that influence the exchange rate and combine fundamental analysis with technical analysis to gain a deeper understanding of expert insights and strategies for trading the NZDUSD successfully.