Tag Archives: NZD/USD
Surprisingly strong SEK (& CAD)
EUR/USD: The weekly high remains within reach. The high end of the Fibo-adjusted short-term “Cloud” still supports.
Daily FX Wrap and Strategy
The NZD stands out as not only being the strongest performing currency over the past 24 hours, but also one of only a few to actually move in the languid pre-FOMC trading conditions.
Asian Currencies Technicals
AUD/USD is pausing ahead of the 100-DMA and Monday’s high with the pair closing above the 21-WMA ($0.9347) for the first time since April.
FX Daily Majors
Today’s highlights: – EURGBP maintains a top beneath .8398 and we stay bearish for .8285 next, then .8165/55.
Daily FX Wrap and Strategy
The NZD/USD was launched higher yesterday morning. Subsequently it consolidated it gains until early this morning when it has subsided to 0.8160.
Asian Currencies Technicals
The bounce to start the new week for the AUD/USD spiked above both the 21-WMA and 100-DMA before closing back below as the move higher lacked follow through and
FX Daily Majors
Today’s highlights: * EURGBP has confirmed a top below .8398, and we stay bearish .8165/55.
The 50 Billion Dollar Currency
* Turnover in the global FX market expanded 35% between 2010 and 2013, easily outpacing growth in global GDP and world trade
Weekly Commentary
The Reserve Bank inched one small step closer to hiking the OCR when it delivered its Monetary Policy Statement last Thursday.
Daily FX Wrap and Strategy
The NZD/USD spent most of Friday’s offshore trading session consolidating above 0.8100. Globally, currency markets struggled a bit for direction.
Asian Currencies Technicals
AUD/USD has bounced sharply higher to start the new week with the immediate focus now shifting to last week’s $0.9354 high with the 100-DMA noted just above.