Forex Strategies
Daily FX Wrap and Strategy
The NZD/USD has continued to slip lower, to trade justabove 0.8420 this morning. There have been a range of influences on the NZD overthe past 24-hours.
Daily FX Update
Today’s trading pattern is carrying over the broader themes from August; leading into the open equities are higher,
FX Daily Majors
Today’s highlights: EURUSD is threatening a bearish “pennant” continuation pattern, with a break below 1.3333 needed to confirm, for our 1.3248 next target.
Daily FX Wrap and Strategy
The NZD/USD sits a little lower, at 0.8470 this morning. The strong NZ Performance of Services Index (PSI) reading made little impact on the NZD yesterday morning.
FX Trading Strategies
EUR: EURUSD is holding last week’s range. The pair has formed reasonable resistance around 1.3410-20 after testing it a few times last week.
Daily FX Update
Risk appetite has increased since Friday’s scare, leaving equities stronger and a mixed USD environment.
FX Daily Majors
Today’s highlights: GBPUSD continues to hold key support from its rising 200-day average at 1.6671, and only below here would complete a top.
Daily FX Wrap and Strategy
The NZD/USD traded a tight range on Friday, to end theweek only slightly lower, just below 0.8490.
Daily FX Update
Recent developments push out expectations for interest rate hikes: This week equities were strong,
FX Daily Majors
Today’s highlights: GBPUSD is holding key support at 1.6693/61 for now, but an eventual break remains favoured to complete a large top.
Daily FX Wrap and Strategy
The NZD was the outperformer amongst the majorsovernight, with NZD/USD up 0.4% to 0.8490.
Daily FX Update
Global growth dynamics are disappointing. No European growth in the second quarter, negative growth in Germany,