Tag Archives: NZD/USD

FX Daily Majors

Today’s highlights: – AUDUSD below 1.0329 completes a major top, and allows for a decline to 1.0149 long-term range support.

Asian Currencies Technicals

AUD/USD: Pauses Ahead Of Key Support. The AUD/USD has traded at the lowest level in 12 weeks after spiking below the 200-DMA,

FX Market Analysis

The dollar remained higher against the euro on Wednesday as safe haven demand was underpinned ahead of Thursday’s European Central Bank meeting,

FX Daily Majors

Today’s highlights: – EURUSD: Whilst capped by 1.3711/27 resistance the risk remains lower to 1.3310, and potentially then 1.3180.

Daily FX Technical Strategy – AUD dragged down under

While the JPY continues to slip lower and bounces are faded once again, given the moves on the cross rates, the latest candidate to be dragged lower is the AUD.

Asian Currencies Technicals

AUD/USD: Looking A Little Heavy. The pair is looking heavy to start the Asian session today following another failed attempt to challenge the Jan 30 resistance level despite the initial spike higher yesterday.

FX Technical Volume Strategy: Lower volume as EUR corrects

– Volumes remain high overall but they dipped slightly yesterday as the euro corrected.

FX Daily Majors

Today’s highlights: – EURUSD: Near-term top in place. We expect further weakness back to 1.3439/14 and then below here to the 38.2% Fibonacci retracement of 1.3310.

Daily FX Technical Strategy – Euro corrects after sharp falls in European equity markets

The rosy start to the year for risk had to end sometime and yesterday it was pegged back by a sharp sell-off in European equity markets.

Asian Currencies Technicals

AUD/USD: Jan 30 High Key Resistance. The AUD/USD continues to struggle topside with lower daily highs the past three days following last week’s fresh 4 weeks lows.

FX Daily Majors

Today’s highlights: – EURUSD: Resistance found at 1.3711. We envisage a correction back to trendline support located now at 1.3490.

NZD/USD Analysis

The New Zealand dollar was steady against its U.S. counterpart on Monday, trading close to a one-and-a-half month high, as Friday’s strong euro zone and U.S. data continued to support demand for risk-related assets.