Tag Archives: NZD/USD
Asian Currencies Technicals
Overbought daily slow stochastic, RSI and momentum indicators are slowly looking to correct with the AUD/USD having pulled back from Wednesday’s high to end the week.
Weekly Commentary
The US Fed’s decision to delay ‘tapering’ has sent the NZ dollar back into the stratosphere. While that in itself will make the RBNZ less keen to raise interest rates,
FX Daily Majors
Today’s highlights: * EURJPY has reinforced its bullish “triangle” continuation pattern above the 133.84 peak,
Bernanke’s Baulk Pushes NZD/USD into Higher Range
* We revise up our NZD forecasts * Acting on the upside risks we’ve been stressing
Daily FX Wrap and Strategy
A weak fight back in the USD knocked the NZD/USD off yesterday’s 0.8430 post GDP/FOMC highs. However, at 0.8370, it remains almost 2½ cents above where it started the week.
Asian Currencies Technicals
AUD/USD pulled back from Wednesday’s high and the sharply rising 21 day upper Bollinger band ($0.9513) on Thursday as daily slow stochastic,
US Morning Update
Major Overnight Headlines • Euro Stoxx Banks Index climbs to 2013 highs above the 130 mark in London as Fed maintains the pace
FX Daily Strategist: Europe
Stop-loss triggered on long USDCHF; Norges Bank should play into short EURNOK view The post-FOMC dollar sell-off triggered the stop on our long USDCHF position for a total loss of 1.65%.
FX Daily Majors
Today’s highlights: * EURUSD’s break above the range highs at 1.3418/52 opens up a move to 1.3597/98, through which would aim at the February peak at 1.3711.
Daily FX Wrap and Strategy
The NZD traded sideways ahead of the US FOMC announcement early this morning. It then gapped from 0.8240 to above 0.8300. It now sits around 0.8350.
Daily FX Technical Strategy: Escape routes for the USD Index
Ahead of FOMC, the market has recently cleared bullish USD risk on several crosses and the USD Index is now back on multi-month range lows.
FX Daily Majors
Today’s highlights: – NZDUSD’s extension through .8164/83 reinforces a base for .8297.