Research

nzd/usd Technicals

Current Time - Auckland: 10:38 PM | EST: 4:38 AM | GMT: 9:38 AM


SENTIMENT AND POSITIONING

	SSI Positioning NZD/USD Ratio: 1.14 Signal: Bearish Full Article

	COT Positioning NZD: The NZD index has turned from 0. Speculators were recently net short the largest amount of NZD on record (the record only goes back a few years though). These are bullish signals. Implications: bullish Full Article

FUNDAMENTALS — THIS WEEKS ECONOMIC RELEASES

Most Recent Economic Releases	Forecast	Previous
NZD ANZ Commodity Price (NOV)		-7.4%
NZD Reserve Bank of New Zealand Rate Decision	5.00%	6.50%

Technicals - Support and Resistance for NZD

Support and Resistance Levels				Interest Rate Outlook
Key Levels		Strength	Comments	Timeframe	Target
R4	0.6000	Medium	Psychological Resistance	Benchmark	6.500
R3	0.5771	High	61.8% Fibo of 0.6132 - 0.5196
R2	0.5604	High	20-Day SMA	1 Week	6.500
R1	0.5500	Weak	Psychological Resistance	1 Month	N/A
S1	0.5350	Medium	10/27 Low	3 Month	N/A
S2	0.5196	High	11/20 Low	6 Month	N/A
S3	0.5172	Medium	Bollinger Band Support	9 Month	N/A
S4	0.5000	High	Psychological Support	1 Year	4.735

FROM THE CENTRAL BANK

Central Bank Governor: Dr. Alan Bollard

Current Voting Members: Dr. Alan Bollard