Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD: Drifting Back Towards 21-DMA. Lower daily lows the past four days see the AUD/USD remaining heavy and drifting back towards the 21-DMA.
FX Daily Majors
Today’s highlights: – EURUSD: Support found at 1.2880 results in a rebound back up towards the key long-term trendline resistance hurdle of 1.3010. Above here is needed to expose 1.3140/72.
Asian Currencies Technicals
AUD/USD: Bounces From Ahead Of Initial Support. The pair bounced from ahead of the $1.0420 level that previously capped with focus remaining topside on retests of the Sept monthly highs.
FX Daily Majors
Today’s highlights: – EURUSD: Failure at long-term trendline resistance of 1.3010 suggests weakness back to 1.2868 and then the 200-day average at 1.2800.
Asian Currencies Technicals
AUD/USD: Pair Heavy But Overall Focus Higher. The AUD/USD has managed to dip back below initial support but we will continue to look for a close below the Nov 20 low as confirmation of a break of the 21-DMA.
FX Daily Majors
Today’s highlights: – EURUSD: Prod above 1.3007 long-term downward trendline resistance, however, a sustained advance through here is needed to expose 1.3140/72 range highs.
Asian Currencies Technicals
AUD/USD: Narrow Consolidation To Start The Week. Narrow sideways trading continues following Friday’s break higher with a close back below the Nov 20 low currently needed to remove the bullish focus.
FX Daily Majors
Today’s highlights: – EURUSD: Acceleration higher brings market up towards the long term downward trendline spanning lower from 1.4944 – at 1.3074. Failure here see risk back to 1.2868 initially.
Daily FX Technical Strategy – EUR/USD short squeeze threatens trendline resistance
The market was short and caught EUR/USD last week, causing an impressive squeeze and turning attention this week to trendline resistance at 1.3045.
Asian Currencies Technicals
AUD/USD: Focus Returns To Sept Monthly Highs. After remaining capped at the Nov 20 highs for most of Friday the pair close above this level which now sees focus shift back to retests of the Sept monthly highs.
FX Daily Majors
Today’s highlights: – USDJPY: Initial failure at 83.09/82.99 resistance zone. Despite this we remain bullish and expect to see an eventual upside break and extension higher through 85.54 to 87.57.
Daily FX Technical Strategy – Dollar downside
The uptick in European equities is keeping near-term pressure on the US dollar and a low close (below 81.00) in the US dollar index would confirm a near-term top.