{"id":157392,"date":"2019-10-11T12:32:22","date_gmt":"2019-10-11T16:32:22","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=157392"},"modified":"2019-10-11T10:44:10","modified_gmt":"2019-10-11T14:44:10","slug":"nzdusd-analysis-new-zealand-manufacturing-contraction-bearish-for-nzdusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/10\/nzdusd-analysis-new-zealand-manufacturing-contraction-bearish-for-nzdusd\/","title":{"rendered":"NZDUSD Analysis: New Zealand manufacturing contraction bearish for NZDUSD"},"content":{"rendered":"<div id=\"inves-897428208\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 11, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/strong><\/p>\n<p><strong>New Zealand manufacturing contraction bearish for NZDUSD<\/strong><\/p>\n<blockquote><p>New Zealand&#8217;s manufacturing sector contracted for a third consecutive month. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/forex-prices\/nzdusd\">NZDUSD<\/a> decline?<\/p><\/blockquote>\n<p style=\"text-align: center; margin-bottom: 20px; margin-top: 20px;\"><img decoding=\"async\" style=\"float: none;\" src=\"https:\/\/www.ifcmarkets.com\/uploads\/images\/NZDUSD_11October2019.jpg\" alt=\"NZDUSD rising above MA(200)\" width=\"660px\" \/><\/p>\n<p>The price chart on 1-hour timeframe shows <b> NZDUSD: H1 <\/b> is trading sideways. The price is above the 200-period moving average MA(200) which is rising. And the RSI is rising above 50 level but has not reached the overbought zone yet. There is no trend yet formed, traders have to decide when it would be a best time to enter the market.<\/p>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets New Zealand manufacturing contraction bearish for NZDUSD New Zealand&#8217;s manufacturing sector contracted for a third consecutive month. Will the NZDUSD decline? The price chart on 1-hour timeframe shows NZDUSD: H1 is trading sideways. The price is above the 200-period moving average MA(200) which is rising. And the RSI is rising above 50 level [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-157392","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/157392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=157392"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/157392\/revisions"}],"predecessor-version":[{"id":157397,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/157392\/revisions\/157397"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=157392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=157392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=157392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}