Despite falling sharply from an early-August high of 0.8850, more recently the NZDUSD is showing signs of rotating higher. Among the strategies that are taught in our workshops, one is based on the concept of a value zone. This strategy incorporates the 100-, 150- and 200- day EMAs, with these moving averages defining the value [...]
NZDUSD Trading Pair News: October 27
The NZDUSD declined sharply late last month but in October it has been a completely different story. The currency pair has enjoyed a strong run higher coming off a low of 0.7500, to currently be trading right above the 0.8000 handle. On the chart we note a steady progression higher, with the shorter-term EMAs crossing [...]