Forecast and levels for NZD - page 11

 

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Sergey Golubev, 2019.05.22 08:47

NZD/USD Intra-Day Fundamentals: New Zealand Retail Sales and range price movement  

2019-05-21 22:45 GMT | [NZD - Retail Sales]

if actual > forecast (or previous value) = good for currency (for NZD in our case)

[NZD - Retail Sales] = Change in the total value of inflation-adjusted sales at the retail level.

==========

From official report :

  • "total volume of retail sales rose 0.7 percent, after a strong 1.7 percent rise in December"
  • "total value of retail sales rose a modest 0.2 percent ($43 million), with price effects included"
  • "11 of the 16 regions showed higher sales for March.

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NZD/USD: range price movement by New Zealand Retail Sales news event 

NZD/USD: range price movement by New Zealand Retail Sales news event

============

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Sergey Golubev, 2019.06.04 17:11

Intra-Day Fundamentals - EUR/USDUSD/JPY and NZD/USD: Federal Reserve System (Fed) Chair Powell Speech

2019-06-04 13:55 GMT | [USD - Fed Chair Powell Speaks]

[USD - Fed Chair Powell Speaks] = Speech about the Federal Reserve's policy strategy, tools, and communication practices at an event hosted by the Federal Reserve Bank of Chicago.

==========

From cnbc article :

  • "Federal Reserve Chairman Jerome Powell said the central bank is watching current economic developments and will do what it must to keep the near-record expansion going. Financial markets have been nervous lately over an escalating trade war that has spread from China and now could include Mexico. At the same, government bond yields are behaving in a way that in the past has been a reliable recession indicator."
  • "Powell has stuck to the position that the Fed remains data dependent. The most recent FOMC statement, from its May meeting, indicated that the committee is taking a patient stance toward policy changes at conditions evolve."

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EUR/USD: range price movement by Fed Chair Powell Speech news event

EUR/USD: range price movement by Fed Chair Powell Speech news event

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USD/JPY: range price movement by Fed Chair Powell Speech news event

USD/JPY: range price movement by Fed Chair Powell Speech news event

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NZD/USD: range price movement by Fed Chair Powell Speech news event

NZD/USD: range price movement by Fed Chair Powell Speech news event

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5: 


 

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Sergey Golubev, 2019.06.26 09:11

NZD/USD Intra-Day Fundamentals: RBNZ Official Cash Rate, RBNZ Monetary Policy Statement and range price movement  

2019-06-26 02:00 GMT | [NZD - Official Cash Rate]

  • past data is 1.50%
  • forecast data is 1.50%
  • actual data is 1.50% according to the latest press release

if actual > forecast (or previous good for currency (for NZD in our case)

[NZD - Official Cash Rate] = Interest rate at which banks lend balances held at the RBNZ to other banks overnight.

==========

From official report :

  • "The Official Cash Rate (OCR) remains at 1.5 percent. Given the weaker global economic outlook and the risk of ongoing subdued domestic growth, a lower OCR may be needed over time to continue to meet our objectives."
  • "Domestic growth has slowed over the past year. While construction activity strengthened in the March 2019 quarter, growth in the services sector continued to slow. Softer house prices and subdued business sentiment continue to dampen domestic spending."

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NZD/USD: range price movement by RBNZ  Official Cash Rate news event 

NZD/USD: range price movement by RBNZ  Official Cash Rate news event

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Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

==========

Same systems for MT4/MT5:

The beginning

  1. ASCTrend system, the beginning, part #1
  2. ASCTrend system, the beginning, part #2
  3. ASCTrend system, the beginning, part #3
  4. ASCTrend system, the beginning, part #4 
  5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
  6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread 

After


 

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Sergey Golubev, 2019.07.03 10:29

NZD/USD - daily ranging near the bullish reversal; 0.672 is the key (based on  the article)

NZD/USD daily Ichimoku chart by Metatrader 5

  • "The New Zealand Dollar put in a Bearish Engulfing candlestick pattern on a retest of support-turned-resistance in the 0.6699-0.6727 area, hinting that the upswing of mid-June lows may have topped. Initial support line in the 0.6653-73 zone, with a break below that on a daily closing basis opening the door for another challenge of the 0.6575-91 region."
  • "A look at more immediate positioning on the four-hour chart warns against overextrapolation however. Prices are resting at rising trendline support defining the bounds of the latest upside foray, warning that a convincing reversal is yet to be confirmed. Indeed, a bounce from support may yet materialize, with a push above the 0.6682-85 price band putting the June high at 0.6727 back in focus."
  • "On balance, this makes for conflicted direction cues and hints that traders might opt against showing strong commitment one way or another until greater clarity can be had. A break below trend support – now at 0.6645 – would begin to resolve the matter in sellers’ favor. Alternatively, a daily close above last month’s swing top would invalidate topping cues and set the stage for upward continuation."

============

The chart was made with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:


 

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Sergey Golubev, 2019.07.16 08:38

NZD/USD Intra-Day Fundamentals: New Zealand  Consumer Price Index and range price movement  

2019-07-15 22:45 GMT | [NZD - CPI]

  • past data is 0.1%
  • forecast data is 0.6%
  • actual data is 0.6% according to the latest press release

if actual > forecast (or previous value) = good for currency (for NZD in our case)

[NZD - CPI] = Change in the price of goods and services purchased by consumers.

==========

From official report :

  • "In the June 2019 quarter compared with the March 2019 quarter, the CPI rose 0.6 percent (up 0.5 percent with seasonal adjustment)."
  • "From the June 2018 quarter to the June 2019 quarter, the CPI inflation rate was 1.7 percent."

==========

NZD/USD: range price movement by New Zealand  Consumer Price Index news event 

NZD/USD: range price movement by New Zealand  Consumer Price Index news event

============

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Sergey Golubev, 2019.07.25 17:31

Intra-Day Fundamentals - NZD/USDUSD/JPY and USD/CNH: United States  Core Durable Goods Orders

2019-07-25 12:30 GMT | [USD - Core Durable Goods Orders]

  • past data is 0.4%
  • forecast data is 0.2%
  • actual data is 1.2% according to the latest press release

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - Core Durable Goods Orders] = Change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items.

==========

From official report :

  • "New orders for manufactured durable goods in June increased $4.9 billion or 2.0 percent to $246.0 billion, the U.S. Census Bureau announced today. This increase, up following two consecutive monthly decreases, followed a 2.3 percent May decrease.  Excluding transportation, new orders increased 1.2 percent.   Excluding defense, new orders increased 3.1 percent.  Transportation equipment, also up following two consecutive monthly decreases, led the increase, $3.0 billion or 3.8 percent to $80.5 billion."

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NZD/USD: range price movement by United States  Core Durable Goods Orders news events

NZD/USD: range price movement by United States  Core Durable Goods Orders news events

==========

USD/JPY: range price movement by United States  Core Durable Goods Orders news events

USD/JPY: range price movement by United States  Core Durable Goods Orders news events

==========

USD/CNH: range price movement by United States  Core Durable Goods Orders news events

USD/CNH: range price movement by United States  Core Durable Goods Orders news events

============

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Sergey Golubev, 2019.07.31 10:15

NZD/USD Intra-Day FundamentalsANZ Business Confidence and range price movement  

2019-07-31 01:00 GMT | [NZD - ANZ Business Confidence]

  • past data is -38.1
  • forecast data is -34.9%
  • actual data is -44.3 according to the latest press release

if actual > forecast (or previous value) = good for currency (for NZD in our case)

[NZD - ANZ Business Confidence] = Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers.

==========

From official report :

  • "Headline business confidence fell 6 points to net -44% in July’s ANZ Business Outlook. Firms’ views of their own activity fell 3 points to +5%, the lowest read since August last year. Other activity indicators were also weaker."

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NZD/USD: range price movement by  ANZ Business Confidence news event 

NZD/USD: range price movement by  ANZ Business Confidence news event

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

Same system for MT4:

  1. Brainwashing. Trades: manually and using EAs (MT4)
  2. Brainwashing EAs - the thread (MT4)
  3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread 
  4. Brainwashing: system development (MT4) - the thread

 

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Sergey Golubev, 2019.08.07 08:07

NZD/USD - global breakdown (based on the article)

NZD/USD Ichimoku cloud by Metatrader 5

  • "A break of counter-trend support guiding the New Zealand Dollar higher since mid-June suggests the dominant downtrend established from July 2017 has resumed. Sellers have challenged support in the 0.6482-96 area, with a daily close below that opening the door for a test of the October 2018 low at 0.6425."
  • "Immediate resistance is in the 0.6559-91 congestion region. A break back above that eyes a dense layer of back-to-back support levels running up from 0.6653 through 0.6727. Beyond that, the dominant downtrend top intersects with the July swing top at 0.6791, making for a bias-defining barrier."

============

The chart was made with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:


 

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Sergey Golubev, 2019.08.19 19:52

NZD/USD Intra-Day Fundamentals: New Zealand Producer Price Index (PPI) Input and range price movement  

2019-08-18 22:45 GMT | [NZD - PPI Input]

  • past data is -0.9%
  • forecast data is -0.6%
  • actual data is 0.3% according to the latest press release

if actual > forecast (or previous good for currency (for NZD in our case)

[NZD - PPI Input] = Change in the price of goods and raw materials purchased by manufacturers.

==========

From rttnews article :

  • "Producer price inputs in New Zealand were up 0.3 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Monday - following the 0.9 percent drop in the three months prior."
  • "Producer price outputs advanced 0.5 percent on quarter after sliding 0.5 percent in the previous three months."

==========

NZD/USD: range price movement by New Zealand Producer Price Index (PPI) Input news event 

NZD/USD: range price movement by New Zealand Producer Price Index (PPI) Input news event

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

Same system for MT4:

  1. Brainwashing. Trades: manually and using EAs (MT4)
  2. Brainwashing EAs - the thread (MT4)
  3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread 
  4. Brainwashing: system development (MT4) - the thread
 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2019.08.29 10:53

NZD/USD Intra-Day Fundamentals: ANZ Business Confidence and range price movement  

2019-08-29 01:00 GMT | [NZD - ANZ Business Confidence]

  • past data is -44.3
  • forecast data is -51.1
  • actual data is -52.3 according to the latest press release

if actual > forecast (or previous value) = good for currency (for NZD in our case)

[NZD - ANZ Business Confidence] = Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers.

==========

From official report :

  • "In the August ANZ Business Outlook Survey headline business confidence fell 8 points, with a net 52% of respondents reporting that they expect general business conditions to deteriorate in the year ahead, the lowest since April 2008."

==========

NZD/USD: range price movement by ANZ Business Confidence news event 

NZD/USD: range price movement by ANZ Business Confidence news event

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

Same system for MT4:

  1. Brainwashing. Trades: manually and using EAs (MT4)
  2. Brainwashing EAs - the thread (MT4)
  3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread 
  4. Brainwashing: system development (MT4) - the thread

Reason: