Tag Archives: NZD/USD
FX Daily Strategist: Europe
German data the next hurdle for the EUR Our economists and market consensus are looking for a small contraction in German March industrial production after February’s 0.5% expansion.
Markets Wrap & Startegy
NZD The NZD/USD has shed a little over ½ cent over the past 24 hours, dragged lower by a weaker AUD in the wake of yesterday’s surprise RBA rate cut.
Asian Currencies Technicals
AUD/USD: The pair took out the previous triple and double daily bottoms as it heads towards the 2013 lows.
FX Daily Majors
Today’s highlights: – AUDUSD below 1.0243/03 should expose key range support at 1.0115/00. We continue to look for an eventual break below here, to confirm a major top.
Technical Alert
EUR/USD: The pair has been confined to a contracting range over the past sessions. The range is however contracting and it looks like a triangle with the downside being the soft side.
Markets Wrap & Startegy
The NZD/USD has traded a fairly steady path between 0.8550 and 0.8490 over the past 24-hours. It sits at 0.8520 this morning.
Asian Currencies Technicals
AUD/USD: The pair has put in a triple daily bottom in the $1.0222-24 region and it is common for triple bottoms to break.
Weekly Forex Outlook
NZD/USD Outlook: Positive Near Term NZD/USD should strengthen to 0.8585 this week. Assuming the NZ employment report doesn’t disappoint,
UBS Morning Adviser
AUD To Pop, Then To Drop The Reserve Bank of Australia is likely to keep the cash rate on hold at 3.0% at Tuesday morning’s policy decision. That’s the view of our Australia economics team,
Asian Currencies Technicals
AUD/USD: The pair bounced back towards the $1.0329 level that previously supported on the hourly time frame to end the week but
Technical Focus: Long-term technical update
EUR/USD: The pair was last month refused extension below a medium-term important bearish trigger at 1.2661 and instead added a net bullish print.