Tag Archives: NZD/USD
Technical Analysis
Yen is notably weaker at the same time as S&P500 is accelerating lower, so little bit of a mixed picture there it seems… EURUSD is doing less, but could still extend the ongoing near-term correction somewhat higher (to test the 1.28-handle)…
Asian Currencies Technicals
AUD/USD: Layers Of Support Back In Focus. The AUD/USD reversed sharply from a spike above the 21 day upper Bollinger yesterday and put in a bearish key day reversal, but this means little until the pair takes out layers of support in the $1.0330-80 region.
FX Daily Majors
Today’s highlights: – EURUSD: Rebounding from support found at 1.2662 and threatening trendline resistance located at 1.2742. We look for a break above here and extension towards 1.2877, which should then cap.
Technical Analysis
EUR/scandies moving higher to re-check resistance… EUR/USD Correcting towards 1.2770… EUR/CHF Testing SNB’s resolve again… EUR/JPY Could re-check 102… EUR/SEK Bid in rangy environment..
NZD/USD Analysis
The new Zealand dollar was trading slightly higher late Wednesday after paring most of its overnight gains following the release of weaker-than-expected domestic retail sales data.
Asian Currencies Technicals
AUD/USD: Focus Remains Topside For Now. AUD/USD has taken out initial resistance at $1.0440 with a close above needed to maintain focus on the rising daily channel top around $1.0545 and then Sept monthly highs above.
Asian Currencies Technicals
AUD/USD: Bounces From Key Support Region. The $1.0330-50 region remains key support with the AUD/USD bouncing back towards the Nov 7 and 8 highs to start the week.
FX Daily Majors
Today’s highlights: – EURUSD: Downtrend continues lower, and after the break through 1.2740 the focus now shifts to the 1.2502/1.2474 support cluster.
Asian Currencies Technicals
AUD/USD: Test Of Key Support Region Likely. The $1.0330-50 region remains key support with a close below expected to see stops triggered and focus turn to tests of the Oct monthly lows.
FX Daily Majors
Today’s highlights: – EURUSD will ideally hold below 1.2875/86 to maintain its top, for a decline to 1.2502/1.2474. – USDCHF is expected to hold support at .9380 to maintain its base, for further strength to .9503 next.
Asian Currencies Technicals
AUD/USD: Ends Session Looking Heavy. AUD/USD is looking a little heavy with an increased likelihood of a dip back towards layers of support in the $1.0330-50 region with the 21-, 100- ($1.0351) & 200-DMA’s ($1.0333) clustered in this region as well as a double daily bottom ($1.0332-34).
FX Daily Strategist: US
– NZD: Surprisingly weak unemployment data causes a NZD collapse The NZD fell sharply this morning after unemployment unexpected jumped in to a 13-year high, reviving speculation about an RBNZ rate cut.