By IFCMarkets
Improving New Zealand business sentiment bullish for NZDUSD
New Zealand business confidence improved in a May: it rose to -41.8 points after edging up to -45.6 in April. Readings above 0.0 indicate optimism, below indicate pessimism. This is bullish for NZDUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Buy | |
| Donchian Channel | Buy | |
| MA(200) | Buy | |
| Fractals | Buy | |
| Parabolic SAR | Buy |
| Order | Buy |
| Buy stop | Above 0.6226 |
| Stop loss | Below 0.6188 |
Market Analysis provided by IFCMarkets