Tag Archives: NZD/USD
USD: hit session highs after upbeat ADP nonfarm payrolls report
The USD hit session highs against the euro, the yen and the pound on Wednesday after data showed that the U.S. private sector added more jobs than expected in February,
FX Daily Majors
Today’s highlights: – AUDUSD: Advance continues aggressively higher, after breaking above the flagged trendline and removing resistance at 1.0292. The focus remains higher towards 1.0376.
FX G10/EM Morning Trader Views
EUR – Another quiet session for eur in a 42-71 range in Asia as mkt awaits Draghi tomorrow. Expecting 1.3080/00 to again provide resistance topside, as it did yesterday,
US Market Analysis
The dollar was almost unchanged against the euro and pared losses against the yen on Tuesday, after data showed that the US service sector expanded at it fastest rate in a year in February.
FX Daily Majors
Today’s highlights: – AUDUSD: Sharp ‘morning star’ reversal pattern warns of a base. The market needs to break out above trendline resistance at 1.0273. Above here would target 1.0376.
Daily FX Technical Strategy: Slipping CHF
The Dow Jones Transportation Average posted an all-time high, resuming the uptrend that began in Q4 12. While this suggests near-term upside,
Asian Currencies Technicals
AUD/USD: Lack Of Follow Through Selling A Concern. The pair managed to trade at the lowest levels since mid July overnight before bouncing to end the session on its highs.
Daily FX Technical Strategy – US dollar demand
It was the US dollar that largely dominated investor activity into the end of last week. While US equities like the Dow Industrials faded the uptick against the all-time highs and
FX Daily Majors
Today’s highlights: – USDCHF: Intermediate term base completion occurs through .9391. We target the 61.8% and 78.6% retracements at .9609 and .9769.
FX G10/EM Morning Trader Views
EUR – So after the painful squeeze yesterday in Asia, eurusd is resold into the month end and we open today back around the Asia lows.
FX Daily Majors
Today’s highlights: – USDCHF has formed a bullish “outside day” to target critical chart/38.2% retracement hurdles at .9384/91. Above here would see a base.
Asian Currencies Technicals
AUD/USD: $1.0150 Remains Key Support. A relatively bearish close for the AUD/USD overnight with the spike towards the 21-DMA sharply reversed and