Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: – EURUSD: Break through 1.2974/2 resistance secures a base and allows the market to continue gains back towards range highs at 1.3127/40/72 eventually.
Asia FX Market
The dollar weakened slightly against the euro ahead of a U.S. Federal Reserve rate meeting later Wednesday, but gained ground against the yen on a possible further easing in BOJ monetary policy.
Asian Currencies Technicals
AUD/USD: Tests Upper Bollinger Band. Fresh nearly 3 month highs for the AUD/USD see the 21 day upper Bollinger band retested with spikes above expected until a close back below the 21-DMA is seen.
FX Daily Majors
Today’s highlights: – EURUSD: Rebound now back probing the 38.2% retracement and chart resistance zone of 1.2972/4. A breakout above here is required to allow for an advance back towards 1.3127.
Daily FX Technical Strategy – EUR resilience
The sharp sell-off in peripheral European equity indices was largely ignored by FX markets on Monday, as the EUR showed signs of bullish resilience.
Technical Alert
EURUSD is set on a correctional recovery, likely to meet resistance at 1.2960\75 or no later than 1.3020? NZDUSD is testing Sep?s best at 0.8357,
Asian Currencies Technicals
AUD/USD: Falls Short Of Initial Resistance. While the AUD/USD remains supported ahead of the $1.0429-42 region potential remains for a tests of the Sept monthly highs with a close above the $1.0518 level needed to kick start topside momentum.
FX Daily Majors
Today’s highlights: – EURUSD: Market gains traction at the 1.2880 interim support level. We expect a rebound back up to 1.2974 interim resistance.
Asian Currencies Technicals
AUD/USD: Inside Day To End The Week. The AUD/USD managed an inside day to end the week with the Dec 6 low remaining initial support to start the new week.
FX Daily Majors
Today’s highlights: – EURUSD: Sharp sell-off yesterday brings the market back to our target 38.2% retracement. Some overshoot below today, but the uptrend remains intact whilst above 1.2880.
Technical Analysis
This will be very brief (and not spellchecked…). EUR/UD & EURGBP looks offered through low and bearish looking closes yesterday…
Asia FX Analysis
The euro staged a mild recovery off overnight lows in early Asian trade Friday, a move seen as a correction of the losses seen after ECB President Mario Draghi’s press conference.