Tag Archives: NZD/CAD
Daily FX Wrap and Strategy
Good morning all and once again the open has the NZD trading marginally above the 0.8300 level. With understandably greater focus on the performance of the
Careful Chasing CAD
CAD weakened markedly following the Bank of Canada announcement lastweek, with the Bank dropped their long-held tightening bias.
FX Daily Strategist: Asia
Play the G10 monetary divergence via long AUDJPY FX markets remain predominantly focused on the JPY as USDJPY trades within a few ticks of the key 100.00 level.
FX Trends daily (FOCUS : NZD/CAD)
NZD/CAD The outlook remains bullish after the rebound on a key short term support now at 0,8341 (short term bullish channel).
FX Trends daily (FOCUS : NZD/CAD)
NZD/CAD The cross has continued to rise in the recent sessions and has cleared an important resistance area between 0.8373 (medium term resistance line) and 0.8425 (August 2011 top).
FX Trends daily (FOCUS: NZD/CAD)
NZD/CAD Despite a correction last week, the cross is holding above a support at 0,8227 (short term retracement) which signals a liklely return to the recent high at 0,8356 (Dec17 top)
FX Trends daily (FOCUS: NZD/CAD)
NZD/CAD The cross has resumed its downtrend after a technical rebound last week and should test a support at 0.8110 (short term support line).