Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD: More $1.0290-$1.0420 To Come. Sideways trading continues for the AUD/USD with more $1.0290-1.0420 trading expected to end the week.
FX Daily Majors
Today’s highlights: – USDJPY: Approaching the 78.6% Fibonacci retracement hurdle of 82.68. Overextended to the upside, and thus we look for a correction back towards 81.13 before we target 84.19.
Asian Currencies Technicals
AUD/USD: Choppy Trading To Continue. The AUD/USD continues to trade in a choppy fashion and needs to manage close above the Nov 20 highs to re-ignite topside focus.
FX Daily Majors
Today’s highlights: – USDJPY: Aggressive acceleration through 81.49 retracement resistance sets up for further gains higher to the 78.6% retracement of 82.68 and then the key neckline of 83.09.
Asian Currencies Technicals
AUD/USD: Looking Tired, Focus Topside For Now. The pair dipped below previous hourly support and we now look for a close below yesterday’s lows to end hopes of a retest of the upper Bollinger band.
FX Daily Majors
Today’s highlights: – EURUSD: Approaching the key 1.2844 38.2% Fibonacci retracement hurdle. We expect this to cap and for the market to reverse lower back to 1.2662, then 1.2502.
Asian Currencies Technicals
AUD/USD: Upper Bollinger Expected To Cap Today. The sharp bounce from Friday’s spike below the 200-DMA continued to start the week and has seen immediate focus return to tests of the 21 day upper Bollinger band. Back below hourly support at $1.0363 is needed to relieve current topside focus and see Oct monthly lows come […]
FX Daily Majors
Today’s highlights: – EURUSD: Range bound between the 1.2803/44 resistance zone and support at 1.2662. We continue to look for 1.2844 retracement resistance to cap, with risk to 1.2502.
Asian Currencies Technicals
AUD/USD: Spikes Below Lower Bollinger Expected. Friday’s move lower pulled up just short of the 21 day lower Bollinger band before recovering a little lost ground into the close.
FX Daily Majors
Today’s highlights: EURUSD: Advance now approaching important resistance hurdles at 1.2803/12/44. We expect the latter 1.2844 to cap, with a reversal lower most likely to then target 1.2502.
Asian Currencies Technicals
AUD/USD: Overall Focus Now On Oct Monthly Lows. The pair has taken out the previously mentioned $1.0330-80 support region with the close below the 21-DMA, 100-DMA, rising daily channel base and Ichimoku cloud now shifting overall focus to retests of the Oct monthly lows.
FX Daily Majors
Today’s highlights: – EURUSD: Trendline break exposes 1.2791 resistance. Scope for a brief prod above here to the 38.2% Fibonacci retracement hurdle of 1.2844, which should then cap.