Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD: Dip Back To $1.0290 Favoured. The AUD/USD continues to fail ahead of the Oct 18 highs with a close above needed to see a bullish focus maintained that has potential for a retest of Sept monthly highs.
FX Daily Majors
Today’s highlights: – EURUSD: 1.2885/2 support holds for a fourth time. Despite this the market remains capped by 1.3024 and therefore within a downtrend. We see risk through 1.2885/68 to 1.2740.
Asian Currencies Technicals
AUD/USD: Struggling Ahead Of Oct 18 High. The AUD/USD has had another bounce towards the Oct 18 highs but has again failed to close above which is needed to retain topside focus.
FX Daily Majors
Today’s highlights: – EURUSD: Decline lower persists for now, with the market threatening a top through 1.2863/35/03. We expect this support cluster to be targeted today. Below sees 1.2740.
Asian Currencies Technicals
AUD/USD: Layers of Support Noted. The AUD/USD continues to look heavy following the recent failures to test the Oct 18 highs but with the 21-DMA ($1.0286), rising daily channel base and the pivotal $1.0290 level supporting, we will continue to look for a close below to return focus to retests of the Oct monthly lows.
FX Daily Majors
Today’s highlights: – EURUSD: Range-bound for now, between 1.2803 support and resistance at 1.3140. Friday’s doji reversal warns of a rebound higher within this range back to 1.3024.
Asian Currencies Technicals
AUD/USD: $1.0290 Remains Pivotal. The AUD/USD confirmed the significance of the $1.0290 support level to end last week with the pair bouncing back towards the Oct 18 highs.
FX Daily Majors
Today’s highlights: – EURUSD: The focus remains lower within the current range, with risk to 1.2885/60 support zone, where we look for buying interest to emerge.
FX Daily Majors
Today’s highlights: – EURUSD: Support minimally found at 1.2920, however, the risk is for a test of the 1.2891/85 support zone still, where we envisage renewed buying interest for back to 1.3140/72.
Asian Currencies Technicals
AUD/USD: Focus Returns To Oct 18 Highs. After heading higher once more the AUD/USD found support on a dip back to the $1.0290 level which again becomes initial support.
FX Daily Majors
Today’s highlights: – EURUSD: Reversal lower from 1.3084 results in a minor top through 1.3011/12 support. The focus is now on 1.2891/85 chart/trendline support.
Asian Currencies Technicals
AUD/USD: Below $1.0290 Shifts Focus Lower. Last week’s move above the 200-DMA has been reversed with the break and close back below the pivotal $1.0290 level confirming.