Thursday, October 15, 2026

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NZD/USD now sub-daily cloud, bears taking control of kiwi

NZD/USD bears in control as RSIs are biased down with room to run Gap open ~55-DMA repelled, now sub-daily cloud, bear engulfing candle forms Good stops sub-0.7370 & 0.7350, will attract if no sustained bounce soon Above…

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

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  • NZD/USD bears in control as RSIs are biased down with room to run

  • Gap open ~55-DMA repelled, now sub-daily cloud, bear engulfing candle forms

  • Good stops sub-0.7370 & 0.7350, will attract if no sustained bounce soon

  • Above 0.7420/30 needed to ease immediate bear pressure, eyes 0.7270/75 below 0.7350 

  • Market prices June RBNZ cut chance >40%, 40bps of cuts priced over next 12 months

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By FxWirePro Team