Thursday, October 15, 2026

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EUR/NZD bullish engulfing candle on daily chart

EUR/NZD sets new long-term trend low, but now up on day Bullish engulfing candle on daily chart, large day/week RSI divergences RBA in focus for short-term cues, cut sees NZD soft, EUR/NZD then lifts Milk auction Tues & …

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • EUR/NZD sets new long-term trend low, but now up on day

  • Bullish engulfing candle on daily chart, large day/week RSI divergences

  • RBA in focus for short-term cues, cut sees NZD soft, EUR/NZD then lifts

  • Milk auction Tues & RBNZ Mar 12

  • If milk soft & RBNZ dovish rally takes hold, 1.5200/30 an immediate bull target, 1.5500/30 eyed thereafter

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team