Tag Archives: NZD/USD
Asian Currencies Technicals
A bearish key day reversal for the AUD/USD on Wednesday after the pair marginally traded above the 200-DMA for the first time since mid-April.
FX Daily Majors
Today’s highlights: * AUDUSD has achieved our.9700/30 basing target, and we continue to look for a top here.
Daily FX Wrap and Strategy
Along with the rest of the major currencies, the NZD/USD was swept higher by a retreating USD overnight. Investors spent most of the night holding their breath in anticipation of the
Asian Currencies Technicals
AUD/USD touched fresh 5 month highs with the mover higher spiking above the 50% Fibonacci retracement level and falling just short of the 200-DMA despite very overbought daily tech studies.
Scandi central banks in focus this week
With the US government open for business once again, financial markets will receive crucial US data this week starting with non-farm payrolls later today.
FX Daily Majors
Today’s highlights: * EURUSD’s spotlight remains on the 1.3711 peak. Above here,can target the 61.8% retracement of the 2011/2012 bear market at 1.3835.
Muted Response Likely to Wednesday’s Dollar Bloc Events
The main events this week in the peripheral dollar bloc both happen on Wednesday. First is the Australian Q3 CPI data.
FX G10 Morning Trader Views
EURUSD Topside: 1.3711 Downside: 1.3656, 1.3638, 1.3607 Recent range intact, market runs short USD’s and we may see some more lightening up ahead of payrolls.
Daily FX Wrap and Strategy
The NZD/USD softened a little overnight, to touch 0.8440, before returning to sit above 0.8460 this morning. Yesterday’s domestic data showed the highest net immigration in 10 years,
Asian Currencies Technicals
AUD/USD marginally traded at fresh 5 month highs yesterday before consolidating as the rising 21 day upper Bollinger band ($0.9656) caught up following the recent daily closes well above.
USD under pressure in the short-term
The dollar benefited only briefly last week when the US called off its partial government shutdown and raised the debt ceiling.