NZD

New Zealand shifts right as Christopher Luxon named prime minister

• Liberal party underperforms the polls

NZDUSD Technical Analysis - Key support in sight

• The NZDUSD pair sells off following the US CPI release. What’s next?

New Zealand election on Saturday - change of government expected - NZD impact low

New Zealand data - September Card retail sales -0.8% m/m (prior +0.7%)

New Zealand September Manufacturing PMI 45.3 vs. prior 46.1

NZDUSD falls to MA support. Do buyers stick a toe in the water here?

• The NZDUSD price is approaching the 200 bar MA on the 4-hour chart. Do buyers stall the fall?

New Zealand food prices fall in m/m September: FPI -0.4% m/m

NZDUSD Technical Analysis - Watch this key support

• The NZDUSD pair breaks out of the range. What’s next?

NZDUSD making a play outside "value area"

• NZDUSD breaks above 0.6000 increases bullish bias. Looks toward swing area high at 0.6032 followed by the falling 100 day moving average of 0.6062

NZDUSD Technical Analysis - Key levels in play

• The NZDUSD pair remains stuck in a range.

New Zealand Sep. Commodity Price Index +1.3% m/m (prior -2.9%). First rise in 3 months.

NZDUSD sellers had their shot,but 100/200 bar MAs on 4-hour resistance remain a key target

• The 100/200 bar MAs on the 4-hour chart come in near the 0.5930 area

NZDUSD Technical Analysis - Still stuck in a range

• The NZDUSD pair tried to break out of the range but got smacked back down to the previous lows.

NZD/USD marked lower after the RBNZ leaves rates unchanged, as expected

RBNZ leaves its cash rate target unchanged at 5.50%, as expected