Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD: Oversold Tech Studies Correcting. The AUD/USD is little changed from yesterday’s NY close with a retest of the Jan 30 high favoured while the pair remains above the Feb 13 low.
FX Daily Majors
Today’s highlights: – EURUSD: Failure at 1.3521 results in reversal lower, in turn keeping the corrective phase alive for now. Risk now back to 1.3329/10 once again, and below targets 1.3180.
NZD/USD Analysis
The pair jumped during Thursday’s Asian session following the release of solid New Zealand Purchasing Managers Index data. In Asian trading Thursday, NZD/USD climbed 0.27% to 0.8476.
Asian Currencies Technicals
AUD/USD: Layers Of Resistance $1.0578-1.0624. The close back above yesterday’s initial resistance level removes the immediate downside pressure and
FX Daily Majors
Today’s highlights: – USDJPY: Failing within the 95.00-94.13 key resistance zone, after the market finds a cap at 94.45. The focus shifts lower to 91.98, and then 90.33.
FX Daily Majors
Today’s highlights: – EURUSD: Focus remains immediately lower to 1.3310. A break below here targets the 1.3257/64 support zone and then trendline support at 1.3180, which should hold.
Daily FX Technical Strategy – Persistent JPY weakness moves the goalpost
JPY weakness shows no signs of slowing and across a number of crosses we find initial targets for the year either being broken or approached early this week.
Asian Currencies Technicals
AUD/USD: Oct Monthly Low Remains Overall Focus. A bearish close overnight for the AUD/USD sees the pair hovering just above initial support at $1.0238.
FX Daily Majors
Today’s highlights: – EURUSD: Defending the 38.2% Fibonacci retracement level of 1.3310 so far. We look to buy into this weakness between 1.3310 and 1.3180 trendline support, for a rally to 1.3835.
Asian Currencies Technicals
AUD/USD: Bounces Back Above Lower Bollinger Band. The AUD/USD dipped to levels just short of the Oct 23 low to end the week before bouncing back above the lower 21 day Bollinger band ($1.0288).
FX Daily Majors
Today’s highlights: – EURUSD: The expected sell-off continues towards the flagged 38.2% retracement support level of 1.3310.
Asian Currencies Technicals
AUD/USD: Bearish Close, Focus Turns To Oct Lows. The AUD/USD has closed below the $1.0290 support we previously mentioned and