Tag Archives: NZD/USD

FX Daily Majors

Today’s highlights: – EURUSD: Support is found at 1.2891 turning the focus higher again for through 1.3011 to challenge the 1.3074 hurdle initially.

AUD/USD: 200-DMA Key Topside. The bounce from session lows overnight fell just short of the 100-DMA ($1.0273) with above the Oct 11 highs needed to relieve the downside pressure and bring the 200-DMA back into focus.

Daily FX Technical Strategy: USD/CAD in a tight spot

The outlook for risk deteriorated late last week and a series of Double Tops suggest some follow through selling in the coming days.

Asian Currencies Technicals

AUD/USD: Remains Heavy To Start The Week. An inside day to end last week for the AUD/USD with immediate focus remaining on tests of $1.0095-1.0105 region.

FX Daily Strategist: US

– Our CDS-measure turns higher, flagging a bullish EUR stance even at current levels Markets today are not looking as risk-constructive as they were yesterday, but it can safely be said that it has nothing to do with eurozone concerns.

FX Daily Majors

Today’s highlights: – EURUSD: Bullish outside reversal day off the 200-day average signals a recovery is underway for 1.3074 to 1.3172/8 initially.

FX Daily Strategist: Europe

– EURUSD, GBPUSD and NZDUSD remains biased higher Markets have continued to charge ahead with better earnings reports from Europe and Thursday’s stronger labour data from the US showing initial jobless claims falling sharply.

Asian Currencies Technicals

AUD/USD: Correcting Oversold Daily Tech Studies. The AUD/USD managed to take out the previous double daily top at $1.0274 before failing at the Ichimoku cloud base ($1.0293).

Daily FX Technical Strategy: JPY finds a bid again

Near-term topping signals emerging in US equities signal further relief in the greater up-trends. This is helping to provide a bid for JPY and we are seeing evidence of this in some of the JPY crosses, with trendline breaks in EUR/JPY and CHF/JPY pointing to further downside toward the late September range lows.