Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD: Friday’s High Key To Start The Week. Friday’s spike to fresh highs for the week lacked follow through and we now look for a close above $1.0518 to start the week as an indication that focus has returned to the $1.0624-90 region.
FX Technical Volume Strategy: NZD/USD bounces on high volume
– Daily volumes remained elevated yesterday with JPY and AUD continuing to attract interest. – NZD/USD investors rejected an attempt to move back into the Aug/Sep range.
Asian Currencies Technicals
AUD/USD: Dips Below 21-DMA. The AUD/USD managed a dip below the 21-DMA ($1.0383) and currently trades inside the Ichimoku cloud.
FX Daily Strategist: Europe
– Economic data flow picks up after a quiet week: EZ PMIs and Spanish auctions today The USD has continued its rebound during Thursday’s session in Asia. This is despite positive newsflow out of China with a slight pick-up in the HSBC PMI Manufacturing survey (albeit remaining sub-50) and an announcement of the 18th party […]
Asian Currencies Technicals
AUD/USD: 200-DMA Test Remains Favoured. The AUD/USD continues to oscillate around the Ichimoku Cloud top ($1.0441) as it treads water just above the 21-DMA.
Asian Currencies Technicals
AUD/USD: Focus Now On 200-DMA Tests. Very overbought daily RSI, Slow Stochastic and Momentum studies appear to be taking their toll on the pair with the immediate focus now on tests of the 200-DMA.
FX Daily Strategist: Europe
– USD sell-off to persist, market waiting for a short-USD catalyst We expect the US dollar to continue a depreciating trend over the weeks and months ahead. This is despite the lack of a clear directional move in the dollar at the beginning of this week.
Asian Currencies Technicals
AUD/USD: Dips back towards key support. AUD/USD has dipped back towards the Sept 12 lows with a close below needed to relieve topside pressure and risk a retest of the Sept monthly lows at $1.0165.
FX Technical Volume Strategy: NZD/USD sellers emerge
– Increased volumes are being maintained at above median levels for the past 12-months as investor activity grows after recent ECB and FOMC announcements.
Technical Analysis
Only limited moves since Friday close. Perhaps time to catch the breath after the past two weeks returning risk appetite.
Asian Currencies Technicals
AUD/USD: Spikes above upper Bolli to continue. The pair remained capped ahead of the Mar 19 highs to end last week, closing back below the now rising 21 day upper Bollinger band ($1.0582).
FX Daily Strategist: US
-Fed delivers QE, further USD weakness is in scope The USD continues has continued to sell-off on Friday as the market reacts to the Fed’s delivery of open-ended QE and commitment to balance sheet expansion until the labour market improves substantially.