Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD: Dips Below Lower Bollinger Band. The AUD/USD traded at fresh 4 week lows to end last week but the lack of follow through is an issue with the pair again bouncing from a dip below the sharply falling 21 day lower Bollinger band ($1.0383).
Daily FX Technical Strategy – EUR/JPY explodes higher
The euro is regaining lost ground as the market continues to unwind its safety trades of 2011/2012 relating to the euro crisis.
Global Technical Watch – Dollar Index dips to the edge
In our recently published February Seasonal Trends, we note the tendency for the USD to weaken against major currency pairs during the month.
Asian Currencies Technicals
AUD/USD: Jan 30 High Level To Watch Topside. The Jan 2 low confirmed its significance as support with the AUD/USD bouncing from this level yesterday after dipping below both the 21 day lower Bollinger band ($1.0393) and
FX Daily Strategist: US
– G10 FX to consolidate ahead of Friday’s NFP release The European session has been characterised by idiosyncratic moves, with some NZD out performance on a slightly hawkish RBNZ statement overnight and NOK under performance on weaker retail sales data.
Asian Currencies Technicals
AUD/USD: Spikes Below Lower Bollinger Band Favoured. The AUD/USD has failed to carry on with Tuesday’s correction and instead sees the pair again focusing on the Jan 2 low and
FX Market Analysis
The USD traded largely lower against most major currencies on Wednesday after the U.S. government revealed the economy contracted in the fourth quarter, confounding market expectations for a gain.
Asian Currencies Technicals
AUD/USD: Focus Turns To 21-DMA. COMMENTARY: The AUD/USD has closed above the $1.0467 resistance level, albeit marginally,
Asian Currencies Technicals
AUD/USD: $1.0370-80 Holds On First Attempt. The pair managed fresh 4 week lows to start the week, pausing just ahead of the initial $1.0370-80 support region mentioned yesterday.
FX Daily Majors
Today’s highlights: – EURUSD: Decisive breakout above 1.3404 exposes the 1.3487/93 resistance zone. Above here allows for the upward trend to continue higher for 1.3835 retracement resistance.
Asian Currencies Technicals
AUD/USD: Jan 25 High Key Resistance Today. The move lower continues for the AUD/USD with a bearish close to end last week in NY and the lowest levels seen in 3 weeks.
FX Daily Majors
Today’s highlights: – EURUSD: Probing the key range resistance zone at 1.3398/1.3404 after the rebound higher from 1.3264. We highlight however that a clear break above 1.3404 is needed for 1.3487/93.