Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: – EURUSD: Probing the 1.3284 hurdle now. We expect the market to break out eventually through here and persist higher to 1.3388 and then 1.3487.
Asian Currencies Technicals
AUD/USD: Holding Above Initial Support. The pair continues to hold above the initial support with the rising daily trend line off Nov monthly lows adding significance to this region again today.
FX Daily Majors
Today’s highlights: – GBPUSD: Advance towards the key 1.6310 chart resistance hurdle continues for now. We stress that a breakout above this major hurdle targets 1.6619 eventually.
Daily FX Technical Strategy – USD kept on the back foot
US equities have bounced back. The S&P 500 index has recovered from the third two-day dip in the past month and US bonds are maintaining an offered tone as US 10y yields extend toward basing pattern targets.
Asian Currencies Technicals
AUD/USD: Inside Day To Start The Week. An inside day to start the week for the AUD/USD as the pair consolidates within a $1.0509-1.0583 range.
FX Daily Majors
Today’s highlights: – EURUSD: Break above 1.3140/72 resistance zone signals trend continuation higher towards 1.3284/1.3388, and then 1.3487.
Asian Currencies Technicals
AUD/USD: Overall Focus Remains Topside. The 21-DMA remains the key support for the AUD/USD with initial support now seen at the Dec 13 lows.
FX Daily Majors
Today’s highlights: – EURUSD: Advance continues higher towards 1.3127 and then 1.3140/72. A break above the latter area allows the upward trend continue towards 1.3284 and then 1.3388.
Asian Currencies Technicals
AUD/USD: Immediate Topside Pressure Relieved. The immediate topside pressure has been relieved a little with the break back below the Dec 13 low which increases the risk of a pullback to the $1.0442-46 region with the 21-DMA noted at $1.0446.
Daily FX Technical Strategy – Important yen breakout signals
Over the last 24 hours, the yen has burst into life, breaking major support levels on heavy volume.
Asian Currencies Technicals
AUD/USD: Sept Monthly Highs Just Above. Immediate focus remains on the Sept monthly highs for the AUD/USD with a break above then seeing the 2012 highs come into the picture.
FX Technical Volume Strategy: Activity supports a higher NZD/USD
Yesterday was an average total volume day with the classic euro risk-on currency pairs seeing the highest volume above their respective one-week averages.