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NZD/USD: New Zealand dollar is correcting 10.10.2018

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offers the latest release of analytics on the NZD/USD for a better understanding of the current market situation and more efficient trading.

Current trend

NZD showed a slight increase against USD on Tuesday, continuing the development of corrective dynamics, formed at the beginning of the week. The growth of the instrument is facilitated by technical factors, as USD is once again receiving support from the growth of 10-year Treasury yields to perennial highs.

Today, the instrument is moderately supported by macroeconomic statistics from New Zealand. Electronic Card Retail Sales grew by 1.1% MoM in September, which coincides with the July data and was better than expected (+0.6% MoM). YoY, the indicator grew by 5.7% as opposed to the growth by 6.3% last month.

Support and resistance

Bollinger Bands in D1 chart demonstrate active decrease. The price range is slightly narrowing from above, reflecting the correctional growth in the short term. MACD indicator is growing having formed a new buy signal (located above the signal line). Stochastic is retreating from its minimum levels and indicates corrective growth development in the short and/or ultra-short term.

Development of the "bullish" trend is possible in the near future.

Resistance levels: 0.6500, 0.6529, 0.6543, 0.6564.

Support levels: 0.6481, 0.6460, 0.6423, 0.6400.

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Trading tips

To open long positions, one can rely on the breakout of 0.6500. Take profit — 0.6543 or 0.6564. Stop loss — 0.6480 or 0.6460.

The rebound from 0.6500 as from resistance with the subsequent breakdown of 0.6481 can become a signal to return to sales with target at 0.6423 or 0.6400. Stop loss — 0.6515.

Implementation period: 2-3 days.

Use more opportunities of the NPBFX analytical portal: economic indicators

Regular monitoring of global economic indicators plays an important role in trading, because of their strong influence on FOREX market and possibility to provoke significant price fluctuations. For the convenience of traders the "Education" section on the NPBFX portal contains the most popular and significant world economic indices with a detailed description, their possible impact on the economy and exchange rates (GDP, consumer price index, unemployment rate, Nonfarm Payrolls (NFP), etc.).

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

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GBP/USD: wave analysis 12.10.2018

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offers the latest release of analytics on the GBP/USD for a better understanding of the current market situation and more efficient trading.

The pair can grow.

On the 4-hour chart, the downward correction of the higher level developed as a wave (2), and the development of the third wave (3) begun. Now the first wave of the lower level i of 1 of (3) is forming, within which the wave (v) of i is developing. If the assumption is correct, the pair will grow to the levels of 1.3364–1.3474. In this scenario, critical stop loss level is 1.3026.





Main scenario

Long positions will become relevant during the correction, above the level of 1.3026 with the targets at 1.3364–1.3474. Implementation period: 7 days and more.

Alternative scenario

The breakdown and the consolidation of the price below the level of 1.3026 will let the pair go down to the level of 1.2654.

Use more opportunities of the NPBFX analytical portal: economic indicators

Regular monitoring of global economic indicators plays an important role in trading, because of their strong influence on FOREX market and possibility to provoke significant price fluctuations. For the convenience of traders the "Education" section on the NPBFX portal contains the most popular and significant world economic indices with a detailed description, their possible impact on the economy and exchange rates (GDP, consumer price index, unemployment rate, Nonfarm Payrolls (NFP), etc.).

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

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AUD/USD: Australian dollar is strengthening 17.10.2018

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offers the latest release of analytics on the AUD/USD for a better understanding of the current market situation and more efficient trading.

Current trend

AUD continues growing moderately against USD, updating local highs of October 3. The reason for the development of "bullish" dynamics of the instrument is in technical factors, as well as in the overall decline in risk-taking interest of traders amid worsening US relations with China and Saudi Arabia.

On Tuesday, the RBA meeting minutes were published but they did not disclose anything new to investors. RBA officials noted the acceleration of GDP due to an increase in investment in subsoil use and consumption growth, employment growth, and a decrease in unemployment. The current policy of the regulator will continue to support the Australian economy; there are no convincing arguments for raising interest rates.

Today, the pair is trading in both directions, waiting for new drivers. The published MI Leading Index was worse than analysts' expectations and fell by 0.1% MoM against 0.0% MoM in the previous month.

Support and resistance

Bollinger Bands in D1 chart demonstrate a gradual decrease. The price range is narrowing, reflecting the flat dynamics of trading in the medium term. MACD indicator is growing keeping a stable buy signal (located above the signal line). Stochastic keeps its upward direction but is approaching its maximum levels, which reflects the overbought AUD in the ultra-short term.

Existing long positions should be kept until the situation clears up.

Resistance levels: 0.7150, 0.7175, 0.7200, 0.7234.

Support levels: 0.7130, 0.7100, 0.7068, 0.7039.





Trading tips

To open long positions, one can rely on the breakout of 0.7150. Take profit — 0.7200 or 0.7234. Stop loss — 0.7120 or 0.7110. Implementation period: 1-3 days.

The rebound from 0.7150 as from resistance with the subsequent breakdown of 0.7130 can become a signal to begin correctional sales with target at 0.7068 or 0.7039. Stop loss — 0.7160. Implementation period: 2-3 days.

Use more opportunities of the NPBFX analytical portal: analytics

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EUR/USD: euro remains under pressure 19.10.2018

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offers the latest release of analytics on the EUR/USD for a better understanding of the current market situation and more efficient trading.

Current trend

Yesterday, EUR fell significantly against USD, renewing its lows since October 10, due to the general strengthening of USD after strict Fed’s statements on further interest rate growth. USD was additionally supported by a sharp decline in the Chinese yuan, which continues today due to poor data on China's Q3 GDP.

EUR is under pressure of uncertain Brexit prospects and the tightening of the situation around the Italian budget for the next year. Yesterday, investors were focused on the summit of EU leaders in Brussels. There were no new proposals to solve the Irish border problem, and an agreement with the UK was not concluded. However, officials are developing a new mechanism to allow the UK to leave the EU as painlessly as possible. The idea is to extend the negotiations on the Irish border for a certain period after the end of the Brexit procedure itself.

Support and resistance

On the daily chart, Bollinger bands are moderately reduced. The price range is narrowing, letting the "bears" renew local lows. MACD is decreasing, keeping a moderate sell signal (the histogram is below the signal line). Stochastic falls, however, is in close proximity to zero values, which reflects that EUR is oversold in the super short term.
It is better to keep current short positions until the situation is clear.

Resistance levels: 1.1460, 1.1500, 1.1522, 1.1547.

Support levels: 1.1430, 1.1400, 1.1352.





Trading tips

Long positions can be opened after a reversal near the current support levels and the breakout of 1.1460–1.1470 with the target of 1.1580 or 1.1600. Stop loss is 1.1430. Implementation period: 2–3 days.

Short positions can be opened after the breakdown of 1.1430 with the target at 1.1352. Stop loss is 1.1460–1.1470. Implementation period: 1–2 days.

Use more opportunities of the NPBFX analytical portal:glossary.

Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself.

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GBP/USD: wave analysis 22.10.2018

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offers the latest release of analytics on the GBP/USD for a better understanding of the current market situation and more efficient trading.

The pair can decrease.

On the 4-hour chart, the downward correction of the higher level developed as a wave (2), and the development of the third wave (3) began. Now the first wave of the lower level i of 1 of (3) has formed, and the local correction is developing as a wave ii of 1, within which the wave (a) of ii is forming. If the assumption is correct, the pair will fall to the level of 1.2907. In this scenario, critical stop loss level is 1.3236.





Main scenario

Short positions will become relevant during the correction, below the level of 1.3236 with the target at 1.2907. Implementation period: 7 days and more.

Alternative scenario

The breakout and the consolidation of the price above the level of 1.3236 will let the pair grow to the level of 1.3510.

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If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.

You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register on the NPBFX website.

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The Financial Commission announced a successful trade execution certification of NPBFX



The Financial Commission announced a successful trade execution certification of
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The certificate is approved by an independent service Verify My Trade (VMT). NPBFX has successfully passed all the audit procedures required by the service provider and became one of the first VMT certified brokers in the Forex market.

Verify My Trade is a specialized service aimed to check quality of trade execution, analyzing historical trades data on a monthly basis. In addition, it gives an opportunity to see the price difference between broker of interest and other brokers. Also traders can estimate whether the price offered by the broker was profitable comparing to other prices in the market at the moment.

What benefits a VMT broker’s certificate gives to traders/investors?

The Financial Commission partnership with Verify My Trade allows traders and investors to transparently assess the quality of broker’s trade execution. A certified broker admits to provide information of trades execution on a permanent basis to ensure compliance with all the Financial Commission standards.

This means that every current and potential client of NPBFX can check the results of trade execution audit on the Financial Commission website. There you can find NPBFX marked with a special Verify My Trade badge.

NPBFX membership in the Financial Commission and new VMT certificate make an additional protection of funds guarantee for clients. The company intends to continue working on the high quality of trade execution and its reliability. Company clients can use any trading strategies and achieve best results in trading with NPBFX.

NPBFX has received the highest status of A category member in the Financial Commission since 2016, which guarantees payments from the Compensation Fund up to 20’000 US dollars per one client.

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Win $1000 and iPhone Xs from NPBFX: hurry up to take part in the Battle of Traders!

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NPBFX is starting a registration for a new contest the Battle of Traders! The contest is held on demo accounts opened in NPBFX. You can show your professional skills in trading, try your luck and make money on the financial market with no risk. If you are confident in your trading strategy, have the spirit of rivalry, and the will to win, so take part in the incredible “Battle of Traders” on fair terms!

The prize fund of the contest is $2500 credited to real account. The winners will be 10 traders managed to maximize their initial deposit during the competition. In addition to cash prizes, there is a special prize - the newest iPhone Xs 64Gb. iPhone Xs will be received by the participant who takes the first place and increases the initial deposit at 50 times.

Prizes to win:

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Participants can use any trading instruments and strategies (including algorithmic trading) available for trading on demo accounts.

The two obligatory conditions to receive prizes are making profit of at least 30% of the initial deposit and making at least 10 transactions.

Terms of contest: from 1.11.18 to 30.11.18.

How to take part in the Battle of Traders?

To participate in the contest, you need to open a free demo account in NPBFX. You have 0% risks, because 5000 USD will be automatically credited to your contest account.

How to monitor the competition?

You can monitor the progress and results of the contest participants in the Competition monitoring section on the NPBFX website. Today there are already 165 participants registered, so don’t miss your chance to win!

You can register and learn more details about the Battle of Traders contest on the
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XAU/USD: technical analysis 29.10.2018

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offers the latest release of analytics on the XAU/USD for a better understanding of the current market situation and more efficient trading.

XAU/USD, D1

On the daily chart, the instrument is trading in the upper Bollinger band. The price remains above the EMA14, EMA65 that start turning up, and on the level with the EMA130, which is horizontal. The RSI is testing its most recent resistance. The Composite is testing from above its longer MA, having formed a Bearish divergence with the price.



XAU/USD, H4

On the 4-hour chart, the instrument is trading in the lower Bollinger band. The price remains above the EMA65, EMA130 and SMA200 that are directed up. The RSI is falling, having broken down its longer MA. The Composite is showing similar dynamics.



Key levels

Support levels: 1212.0 (September highs), 1195.0 (local lows), 1182.0 (local lows).

Resistance levels: 1240.0 (local highs), 1246.0 (October 2016 lows), 1262.0 (local highs).

Trading tips

There is a chance of a downward correction, after which the growth will resume.

Pending buy orders can be placed at the level of 1212.0 with targets at 1240.0, 1246.0 and stop-loss at 1195.0. Validity – 3-5 days.

Short positions can be opened from the level of 1182.0 with the target at 1160.0 and stop-loss at 1195.0. Validity – 3-5 days.

Use more opportunities of the NPBFX analytical portal:trading signals. Make right trade decisions on sell or buy XAU and other popular instruments using trading signals on the NPBFX portal. All registered users have free access to signals from the top 10 trading indicators (MA10, BBands, Ichimoku, Stochastic, ZigZag, etc.) with also general recommendations on the portal.

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GBP/USD: the pound remains under pressure 31.10.2018

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offers the latest release of analytics on the GBP/USD for a better understanding of the current market situation and more efficient trading.

Current trend

Yesterday, GBP fell against USD and updated lows since August 17.

Presented by Chancellor Philip Hammond on Monday, the 2019 UK draft budget did not impress investors significantly. As expected, it contains some new taxes, including alcohol and tobacco ones. On the other hand, expenses for work benefits and investments in infrastructure and health care should be increased. Next year, the government plans the economy to grow by 1.6% (against the previous value of 1.3%), while the budget deficit is expected to reach 25.5B GBP. In case of the Brexit negative outcome, some budget parameters may be revised in March 2019.

Also, investors are waiting for Thursday’s BoE interest rate decision. Experts agree that the key parameters of the British monetary policy would not be changed. Most likely, the regulator will wait for the development of the Brexit situation.

Support and resistance

On the daily chart, Bollinger bands are steadily declining. The price range is expanding almost as fast as the active “bearish” trend develops in the short term. MACD indicator is falling, keeping a strong sell signal (the histogram is below the signal line). Stochastic is directed downwards but is close to its lows, reflecting that GBP may become oversold.

It is better to keep current short positions until the situation is clear.

Resistance levels: 1.2732, 1.2796, 1.2866, 1.2920, 1.2953.

The levels of support: 1.2693, 1.2659, 1.2634, 1.2600.





Trading tips

Long positions can be opened after a rebound from 1.2693 and the breakout of 1.2732 with the targets at 1.2866 or 1.2920–1.2953. Implementation period: 2–3 days.

Short positions can be opened after the breakdown of the level of 1.2693 with the target of 1.2634 or 1.2600. Stop loss is 1.2732–1.2750. Implementation period: 1–2 days.

Use more opportunities of the NPBFX analytical portal: glossary

Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

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AUD/USD: general analysis 05.11.2018

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offers the latest release of analytics on the AUD/USD for a better understanding of the current market situation and more efficient trading.

Current trend

On Friday, the AUD/USD pair moved horizontally. September Australian Retail Sales release was poorer than market expectations. The indicator fell from 0.3% to 0.2% MoM and from 1.0% to 0.2% QoQ due to insufficient growth in incomes of Australian citizens and a decline in the country's real estate market. USD was supported by the release of positive for the American economy data from the labor market: in October, Nonfarm Payrolls rose from 118K to 250K. Average wages grew from 2.8% to 3.1% YoY. The Unemployment Rate remained the same – 3.7%.

Today, Markit and ISM service PMI releases may affect the pair’s dynamics, moderate volatility is expected on the market.

Support and resistance

On the daily chart, the instrument was corrected to the upper border of Bollinger bands, the price range was expanded, indicating a possible development of the correction. MACD histogram is in the negative area, maintaining a weak signal to open short positions.

Resistance levels: 0.7200, 0.7238, 0.7258, 0.7290, 0.7314, 0.7340, 0.7381.

Support levels: 0.7181, 0.7158, 0.7130, 0.7103, 0.7085, 0.7065, 0.7040, 0.7020.



Trading tips

Long positions can be opened from the level of 0.7200 with the target at 0.7250 and stop loss 0.7170.

Short positions can be opened from the level of 0.7158 with the target at 0.7103 and stop loss 0.7190.

Implementation period: 1–3 days.

Use more opportunities of the NPBFX analytical portal:аnalytics. You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company.

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GBP/USD: wave analysis 03.12.2018

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offers the latest release of analytics on GBP/USD for a better understanding of the current market situation and more efficient trading.

The pair may decrease.

On the 4-hour chart, the downward correction of the higher level develops as a wave 2. Now the wave C of 2 is developing, within which the fifth wave of the lower level v of C is forming. If the assumption is correct, the pair will fall to the level of 1.2600. In this scenario, critical stop loss level is 1.2850.





Short positions will become relevant during the correction, below the level of 1.2850 with the target at 1.2600. Implementation period: 5–7 days.

Alternative scenario

The breakout and the consolidation of the price above the level of 1.2850 will let the pair grow to the level of 1.3305.

Use more opportunities of the NPBFX analytical portal: economic indicators

Regular monitoring of global economic indicators plays an important role in trading, because of their strong influence on FOREX market and possibility to provoke significant price fluctuations. For the convenience of traders the "Education" section on the NPBFX portal contains the most popular and significant world economic indices with a detailed description, their possible impact on the economy and exchange rates (GDP, consumer price index, unemployment rate, Nonfarm Payrolls (NFP), etc.).

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

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EUR/USD: wave analysis 06.12.2018

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The pair may grow.

On the 4-hour chart, a downward correction of the higher level develops as a wave (2), within which the wave C of (2) forms. Now an upward correction is developing as a second wave ii of C, within which the wave (c) of iii is developing. If the assumption is correct, the pair will grow to the levels of 1.1511–1.1586. In this scenario, critical stop loss level is 1.1266.





Main scenario

Long positions will become relevant during the correction, above the level of 1.1266 with the targets at 1.1511–1.1586. Implementation period: 5–7 days.

Alternative scenario

The breakdown and the consolidation of the price below the level of 1.1266 will let the pair go down to the levels of 1.1200–1.1150.

Use more opportunities of the NPBFX analytical portal: analytics.

You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company.

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USD/JPY: wave analysis 07.12.2018

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offers the latest release of analytics on USD/JPY for a better understanding of the current market situation and more efficient trading.

The pair may fall.

On the 4-hour chart, a local downward correction of the higher level develops as the wave 2 of (C). Now the wave c of 2 is forming, within which the third wave of the lower level (iii) of c is developing. If the assumption is correct, the pair will fall to the level of 111.35. In this scenario, critical stop loss level is 113.83.





Main scenario

Short positions will become relevant during the correction, below the level of 113.83 with the target at 111.35. Implementation period: 7 days and more.

Alternative scenario

The breakout and the consolidation of the price above the level of 113.83 will let the pair grow to the level of 115.50.

Use more opportunities of the NPBFX analytical portal: E-book.

If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.

You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register on the NPBFX website.

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USD/CHF: wave analysis 10.12.2018

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offers the latest release of analytics on USD/CHF for a better understanding of the current market situation and more efficient trading.

The probability of downward movement remains.

On the H4 chart, the downward correction of the higher level is developing as a wave (2), which includes the formation of the wave C of (2). At the moment, it seems that the local correction as a wave ii of C was completed, and the third wave iii of C has begun. If the assumption is correct, the pair will continue to decline to the levels of 0.9724–0.9618. The critical level for this scenario is 1.0008.





Main scenario

Short positions will become relevant below the level of 1.0008 with a target in the range of 0.9724–0.9618. Implementation period: 7+ days.

Alternative scenario

Breakout and consolidation of the price above the level of 1.0008 will allow the pair to rise to the level of 1.0122.

Use more opportunities of the NPBFX analytical portal:economic calendar.

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NZD/USD: New Zealand dollar strengthens 12.12.2018

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offers the latest release of analytics on NZD/USD for a better understanding of the current market situation and more efficient trading.

Current trend

NZD showed uncertain growth against USD on Tuesday, having corrected after four "bearish" sessions in a row. Active "bullish" dynamics can be traced during the Asian session on December 12.

The traders are focused on US-China trade talks. Despite the condemnation by the Chinese side of the arrest of Huawei CFO Meng Wanzhou, there was no breakdown in the negotiations. Yesterday, Liu He, Vice-Premier of the State Council of the People's Republic of China, Stephen Mnuchin, the US Treasury, and Robert Lighthizer, the American sales representative, held telephone talks to discuss the supply of American agricultural products to China and the changes in support of Chinese industry "Made in China 2025". A schedule for further trade advice was also reviewed. Recall that on the eve of Lighthizer, citing President Donald Trump, said that the agreement with Beijing should be concluded before March 1, otherwise a new increase in US export duties is likely.

Support and resistance

Bollinger Bands in D1 chart show stable growth. The price range is narrowing, reflecting the ambiguous nature of trading of recent days. MACD is reversing upwards preserving a sell signal (located below the signal line). Stochastic has reversed upwards near its minimum levels, indicating a sufficient potential for the development of the corrective growth in the short and/or ultra-short term.

The development of "bullish" trend is possible in the near future.

Resistance levels: 0.6910, 0.6940, 0.6968, 0.7000.

Support levels: 0.6865, 0.6838, 0.6815, 0.6780.





Trading tips

To open long positions, one can rely on the breakout of 0.6910. Take profit — 0.6968 or 0.7000. Stop loss — 0.6880.

A breakdown of 0.6865 with the target at 0.6815 or 0.6800 could be an alternative. Stop loss — 0.6890.

Implementation period: 2-3 days.

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