Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD: Yesterday’s Low Key Today. Fresh 11 week highs for the AUD/USD overnight as the pair managed to take out stops above the $1.0500 level overnight, spiking above the upper Bollinger band but failing ahead of the Sept 21 high.
A monthly run through the long-term charts
What’ up (or down) with vol? A clear trend has been lower implied EUR/USD vol ever since a Q3’11 high (with an interim bounce during spring this year when overall risk appetite became sour).
FX Daily Majors
Today’s highlights: – EURUSD: Failure ahead of the 1.3140/72 resistance zone occurs as expected, with a corrective phase commencing for back to 1.2972/49 support initially.
FX Daily Strategist: Europe
– RBNZ gives wings to the kiwi, AUD supported by better-than-expected Aussie employment print The RBNZ left the OCR unchanged at 2.50%, as expected, but the statement was hawkish.
Asian Currencies Technicals
AUD/USD: Struggling To Take Out $1.0480-00 Region. The AUD/USD continues to pause ahead of the 21 day upper Bollinger band with numerous daily highs noted just ahead and daily tech studies correcting from moderately overbought levels.
FX Daily Majors
Today’s highlights: – USDJPY: Gaining traction ahead of the 81.64 chart support level. Some overshoot still a possibility, however, we expect the market to eventually target 84.19.
FX Daily Majors
Today’s highlights: – GBPUSD: Upward trendline supports the market and results in a bullish trendline break through 1.6072. We remain cautious ahead of the 1.6176/82 resistance zone.
Asian Currencies Technicals
AUD/USD: Potential For $1.0290-1.0310 In The Short Term. Fresh two week lows for the AUD/USD again overnight combined with the failure at the Nov 30 highs and correcting overbought slow stochastics increase the risk of a move lower that initially sees the $1.0290-10 region retested.
FX Daily Majors
Today’s highlights: – EURUSD: Probing key neckline resistance and the 78.6% retracement hurdle at 1.3050/63. We expect this area to cap the market, with risk back to 1.2880.
NZD/USD Analysis
The New Zealand dollar was trading lower late Monday following a sharp sell off against the euro on technical reasons, weak trade data and positioning ahead of central bank meetings.
Asian Currencies Technicals
AUD/USD: Marginally Dips Below 21-DMA. The AUD/USD ended last week looking a little soft after 4 consecutive lower daily lows but the pair needs to close below the 21-DMA to see initial focus turn to the 200-DMA and overall focus turn to Oct monthly lows.
FX Daily Majors
Today’s highlights: – EURUSD: Removal of 1.3010 resistance implies a continuation higher towards 1.3140/72 resistance but we look for this to cap and for the range bound tone to continue.