NZD/USD

This explains the import increase.
http://www.nasdaq.com/article/new-ze...20150128-01213

Thank you very much.

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HKT12:30

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NZ dollar drops after Reserve Bank abandons bias to raise interest rates
https://nz.finance.yahoo.com/news/nz...043000369.html
I think I will sell a bit (not a lot in percentage) today.
(later I show all of you an old chart of the last year similar dates : as in carboncopy and my camera out of battery right now so I need time to charge it.)

Jan2014 :


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As my post with #8,601, I mentioned :
"That could see the kiwi move toward the bottom of the band, 72 to 73 US cents, in the next couple of weeks," said Tim Kelleher, ASB Bank's head of institutional FX sales in New Zealand. "The market has got no reason at this point in time to be buying currency."
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Oil and Mineral will continue to be staying in this low level that help IMPORT and EXPORT (more for IMPORT then the trade balance will be negative for a long while and that is why some economists supposed next year{2016} will start to raise the interest rate), and trade partners for NZ are EURO zone, China and Japan so if euro is lower, how can NZ export more in the further days in this year to EURO zone? Also wait for the finish the old contract of the dairy products on March2015 and having a new updated contract for the price-raised.

Mr.Steamroller told me the rise of the Import data is due to the 787 plane (NZ did not receive yet) (for tourist only) which is not because of normal good consumer confidence from NZ local residences.
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Finding bottom of a corrective decline wave (b) .............

thanks all,

there's very good info here.. However it seems i need to wait more to cover loses..hope i won't go deep more..

NZ dollar touches fresh 4-year low as traders bet on RBNZ interest rate cuts
https://nz.finance.yahoo.com/news/nz...195300114.html
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NZD Building Consents (MoM) -2.1% last10.0% http://c1802182.cdn.cloudfiles.racks...com/spacer.gif
NZD http://c1802182.cdn.cloudfiles.racks...com/spacer.gif Visitor Arrivals (MoM) -1.3% last3.1% http://c1802182.cdn.cloudfiles.racks...com/spacer.gif
NZD http://c1802182.cdn.cloudfiles.racks...com/spacer.gif External Migration & Visitors 5.40% last7.70% http://c1802182.cdn.cloudfiles.racks...com/spacer.gif
NZD http://c1802182.cdn.cloudfiles.racks...com/spacer.gif Permanent/Long-Term Migration 4100 last5010
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NZ migration surged to a record in 2014, helped by robust economy
https://nz.finance.yahoo.com/news/nz...233300224.html
That is a Whole-Year data (not monthly). They said the visitor data is good (tourists mainly from AUS, China, India, US and Germany), so why NZD rise.
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For Asian session, the highest value of NZD/USD is 0.7294 (max. if similar to yesterday).
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NZ lamb wool price jumps to 3 1/2 year high on increased demand
https://nz.finance.yahoo.com/news/nz...040100381.html
Hopefully help NZD/USD to go higher today.
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NZ dollar heads for 2.1% weekly decline after RBNZ shifts bias to neutral
https://nz.finance.yahoo.com/news/nz...043300032.html
It wrote :
Next week, all eyes will be on the Reserve Bank of Australia's meeting on Tuesday to see if they cut their benchmark rate or potentially wait until their March meeting.

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RESEND: MARKET CLOSE: NZ shares fall a second day as dollar weakens; Spark drops
https://nz.finance.yahoo.com/news/ma...045400858.html
It wrote :
"We've been seeing a reasonable amount of foreign buying," said Grant Williamson, a director at Hamilton Hindin Greene. "Those buyers have now stepped back - what they make on stocks they lose on the currency. Spark had a great run up but that buying support has disappeared somewhat and profit-takers are back in the market."
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Even if the AUDUSD broke above its trend-line, the NZDUSD still maintains the trend-line resistance and can further decline towards 0.7220.

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still got about 4x minutes to go for NZD/USD chart.
If the Today cross is green on body, Monday candle will be red.
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Mr. Wheeler will speak on the coming Tuesday (worry, will NZD/USD be DOWN again?)!
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I hope that will test resistance 3rd next week..I don't want to take more risk tho, otherwise I'd go long for nzd again..I will try analyze with daily on amibroker this weekend too

NZ dollar weakens as Chinese manufacturing gauge shows contraction
https://nz.finance.yahoo.com/news/nz...193200442.html
Please make an attention on the range of NZD in cents.
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Traders are trying to take profit at both 0.7315 and 0.7320 (5 points gap, so after the current drop and rise again, profit-taker will appear at 0.7310 ?).

As expected, profit-taker appeared at 0.7310!
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NZDUSD is likely to plunge below 0.7200 today as weaker Chinese Manufacturing PMI and the descending trend-line can support the pair's decline.

Gidday NZ

My long chart

been smashed down

We know it can zoom back up like freight train

Need to make more pips

so I can go in play in the danger zone

with the NZ Hobbitts.

Little F??Kers

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NZ dollar drops vs. greenback, gains vs. Aussie after RBA cuts key rate to 2.25%
https://nz.finance.yahoo.com/news/nz...043200734.html
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For RBNZ governor Graeme Wheeler's speech in one year ago, the date is 31Jan2014.
One of my previous post, showed :
http://www.forexfactory.com/attachme...1&d=1422518146

is still on track.
Tomorrow NZD Employment Change q/q seems to be better than expected by the trend (see last year similar time.)
and forget the unemployment rate as you can see the RBA stevens said today : it is not an important thing (similar to Wheeler).
Today all AUS data are good except Stevens speech.
I suppose the AUD AiG Performance of Service Index (JAN) will be good too tomorrow will pull NZD/USD up a bit (a bit only) before Wheeler speech.
Another problem is NZD Average Hourly Earnings (QoQ) (4Q) that is expected lower in the calendar (as it is a several months data : not Jan2015 only, it will be very bad).
And tomorrow USD ISM Non-Manufacutring Composite (JAN).
So wait for his speech tomorrow.
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If from the above chart, it can go up to "less than 0.7520" before the Asian session (maybe not possible, be careful!) (of course need to pass 0.7400 first).
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Given the latest round of global stimulus festivities and the disruptive nature of the speed of the USD rally, it would not be surprising to hear some Fed doves coo in the market's ear soon ... maybe hint at "one and done" ... which could present a temporary setback to Mr. Wheeler's jihad against NZDUSD.

It seems that the 0.7250 and 0.7300 are likely important resistances for the NZDUSD while 0.7170 is a crucial descending trend-line support.