Tag Archives: NZD/USD

Asian Currencies Technicals

AUD/USD: Bounces From 200-DMA. The pair dipped to test the 200-DMA yesterday before bouncing to close towards the session highs,

NZD/USD Analysis

In Asian trading Monday, NZD/USD is lower by 0.19% at 0.8357, following the release of a March PMI report out of China.

Asian Currencies Technicals

AUD/USD: Initial Support Now Around $1.0400. Initial support has developed just below $1.0400 but we will continue to look for a close back above the Mar 28 high to see focus return to the March monthly highs.

Asian Currencies Technicals

AUD/USD: Focus Turns Lower. Immediate focus now turns to the Mar 18 low with the 21-DMA ($1.0339) noted just below and

FX Daily Majors

Today’s highlights: – USDJPY: Back challenging the 93.39 medium-term trendline and chart support level. A break below here is needed to see further downside risk to 92.15 initially.

Daily FX Technical Strategy: Warning signs for the EUR

The recent flight out of major European equity indices into rates markets warns of increased risk aversion within the eurozone.

Asian Currencies Technicals

AUD/USD: $1.0414 Support Confirms Significance. Immediate bullish pressure has eased for the AUD/USD with a move back towards the key $1.0414 support overnight.

Daily FX Technical Strategy: CAD and NOK recharged

A rebound in energy prices – both WTI crude and natural gas – is likely catalysing the near-term strength in the CAD and NOK.

FX Daily Majors

Today’s highlights: – USDJPY: Rebounding from the 93.35/45 support zone. Above immediate resistance at 94.96/95.00 allows the advance to continue higher for 96.14 minimally.

Asian Currencies Technicals

AUD/USD: Below $1.0414 Needed To Shift Focus Lower. The pair continues to make headway towards our current target in the $1.0578-98 region

Daily FX Technical Strategy: USD/JPY seasonal support

While the USD is maintaining its larger bull trend against the EUR for the time being, a USD pullback is taking hold against the JPY.

Asian Currencies Technicals

AUD/USD: Focus Remains Topside For Now. The pair traded above the Jan 30 high by a couple of pips before closing the NY session off its highs.