{"id":160584,"date":"2019-11-26T11:30:35","date_gmt":"2019-11-26T16:30:35","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=160584"},"modified":"2019-11-26T09:16:17","modified_gmt":"2019-11-26T14:16:17","slug":"nzdusd-analysis-higher-retail-sales-growth-bullish-for-nzdusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/11\/nzdusd-analysis-higher-retail-sales-growth-bullish-for-nzdusd\/","title":{"rendered":"NZDUSD Analysis: Higher retail sales growth bullish for NZDUSD"},"content":{"rendered":"<div id=\"inves-3042136938\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 26, 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>Higher retail sales growth bullish for NZDUSD<\/strong><\/p>\n<p>New Zealand&#8217;s retail spending rose 1.6% over quarter in the three months to September following 0.2% gain in Q2. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/forex-prices\/nzdusd\">NZDUSD<\/a> rise?<\/p>\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\/NZDUSDH_26November2019.png\" 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 rising above the 200-period moving average MA(200) which is rising. And the RSI oscillator is above 50 level and has not reached the overbought zone. 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 Higher retail sales growth bullish for NZDUSD New Zealand&#8217;s retail spending rose 1.6% over quarter in the three months to September following 0.2% gain in Q2. Will the NZDUSD rise? The price chart on 1-hour timeframe shows NZDUSD: H1 is trading sideways. The price is rising above the 200-period moving average MA(200) which [&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-160584","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/160584","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=160584"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/160584\/revisions"}],"predecessor-version":[{"id":160594,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/160584\/revisions\/160594"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=160584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=160584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=160584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}