{"id":169323,"date":"2020-04-24T11:29:31","date_gmt":"2020-04-24T15:29:31","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=169323"},"modified":"2020-04-24T09:30:11","modified_gmt":"2020-04-24T13:30:11","slug":"nzdusd-analysis-falling-credit-card-spending-in-new-zealand-bearish-for-nzdusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/04\/nzdusd-analysis-falling-credit-card-spending-in-new-zealand-bearish-for-nzdusd\/","title":{"rendered":"NZDUSD Analysis: Falling credit card spending in New Zealand bearish for NZDUSD"},"content":{"rendered":"<div id=\"inves-1297986891\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">April 24, 2020<\/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>Falling credit card spending in New Zealand bearish for NZDUSD<\/strong><\/p>\n<p class=\"emailSummary\">New Zealand\u2019s consumers cut credit spending in March: credit card spending fell 8.2% over year after 2.2% growth in February. This indicates deteriorating consumers\u2019 confidence in financial prospects. This is bearish for NZDUSD.<\/p>\n<table class=\"analys_tbl\" style=\"padding: 5px 0; border: 1px solid #698da6; border-collapse: collapse;\" cellspacing=\"0\" cellpadding=\"2\" align=\"center\">\n<thead id=\"datapart\">\n<tr>\n<th>Indicator<\/th>\n<th>VALUE<\/th>\n<th>Signal<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">RSI<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Neutral<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">MACD<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Sell<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Donchian Channel<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Neutral<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">MA(200)<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Sell<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Fractals<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Sell<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Parabolic SAR<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Sell<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h2 class=\"emailSummary\">Summary of technical analysis<\/h2>\n<table class=\"recommendation\" style=\"padding: 5px 0; border: 1px solid #698da6; border-collapse: collapse;\" cellspacing=\"0\" cellpadding=\"2\" align=\"center\">\n<tbody>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\"><b>Order<\/b><\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\">Sell<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\"><b>Buy stop<\/b><\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\">Below 0.5982<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\"><b>Stop loss<\/b><\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\">Above 0.6012<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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 Falling credit card spending in New Zealand bearish for NZDUSD New Zealand\u2019s consumers cut credit spending in March: credit card spending fell 8.2% over year after 2.2% growth in February. This indicates deteriorating consumers\u2019 confidence in financial prospects. This is bearish for NZDUSD. Indicator VALUE Signal RSI Neutral MACD Sell Donchian Channel Neutral [&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-169323","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/169323","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=169323"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/169323\/revisions"}],"predecessor-version":[{"id":169327,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/169323\/revisions\/169327"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=169323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=169323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=169323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}