Tag Archives: NZD/USD
Daily FX Technical Strategy: Markets exhale
Recent eurozone headlines gave for investors a reason to take a breather, as immediate downside risks have been averted for EUR/USD.
Asian Currencies Technicals
AUD/USD: $1.0477 Initial Topside Focus. The Jan 30 high now remains the next hurdle for the AUD/USD as a potential move back towards the 2013 high currently remains favoured.
FX Trends daily (FOCUS: NZD/USD)
The NZD/USD has posted a strong session yesterday and cleared a short term resistance at 0.8281/87. A break above 0.8350 (March 6 high pivot) would confirm this bullish development and
Daily FX Technical Strategy: At the expense of the EUR
Throughout the week while EUR/USD has traded sideways, EUR crosses have remained under pressure as investors prefer buying the likes of AUD, NZD, and GBP against the EUR.
FX Daily Majors
Today’s highlights: – NZDUSD: Aggressive breakout higher results in the market advancing up to the chart resistance hurdle of .8350. We look for continuation in upside through here to .8418.
Asian Currencies Technicals
AUD/USD: $1.0457-77 Region The Next Hurdle. The pair finally took out the 61.8% Fibonacci resistance level with immediate focus now on the $1.0457-77 region,
FX Daily Majors
Today’s highlights: – GBPUSD: Threatening neckline resistance located at 1.5200, as well as the key cluster of resistance at 1.5223/33/68. Increasingly risk of a break higher to 1.5519.
Daily FX Technical Strategy: USD-supportive cycle
Although EUR/USD backed away from the edge yesterday, failing to close beneath a support area near 1.2875, we note that the greater bullish potential for the USD in general remains in place.
Asian Currencies Technicals
AUD/USD: 61.8% Fibonacci Level Remains Key Resistance. The pair continues to trade sideways within initial support and resistance parameters.
FX Daily Majors
Today’s highlights: – EURUSD: Market breaks through 50% retracement at 1.2876 and then 200 DMA, allowing for the decline to persist lower for 1.2662.
Daily FX Technical Strategy: A thorough test of the 200-day
Charts suggest short-term funding pressures are awakening once again. Euribor futures fell sharply within its range in place since last year.
Asian Currencies Technicals
AUD/USD: Another Failure Ahead Of The 61.8% Fibonacci Level. The pair has again failed at the 61.8% Fibonacci retracement level.