Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: – EURUSD: Break through 1.2975/95 now exposes the 78.6% Fibonacci extension resistance hurdle of 1.3178. Corrections likely to hold above 1.2858.
FX Daily Strategist: Europe
– Fed delivers QE, further USD weakness is in scope The Fed delivered open-ended QE and committed to balance sheet expansion until the labour market improves substantially. The market reaction in the immediate aftermath i.e. sharp rally in equities, gold, and US TIPS inflation expectations and the sharp sell-off in USD plays to the strong […]
Asian Currencies Technicals
AUD/USD: Rally Falls Just Short Of Rising Bollinger. The push towards the Mar 19 highs continues with the pair falling just short of a 21 day upper Bollinger band test overnight.
Technical Analysis
Waiting for the next event, FOMC. In the meanwhile EURUSD has remained close to yesterday’s peak still threatening the 1.3004 key resistance, USDJPY hovering a couple of points above the 77.65 June low (that we see taken out),
Global Technical Watch – Quick Charts (Sep 13)
Commodity currencies are gaining ground, and NZD/USD, in particular, is respecting cloud support on both daily and weekly charts. The risks are for further gains, with the next hurdle to overcome at 0.8240.
Asian Currencies Technicals
AUD/USD: Targeting $1.0540-1.0640 region. The move higher continued as the pair took out the short term falling daily trend line off the Aug monthly highs.
FX Daily Strategist: US
– We target NZDUSD higher with QE3 yet to be priced in Risk-taking got another shot in the arm after the German constitutional court ratified the ESM with some conditions (as expected-more below) and also implicitly backing the two-pronged approach of the ESM/ ECB framework for euro area bond purchases.
FX Daily Strategist: Europe
-USD weakness comes into play ahead of FOMC on Thursday…we target NZDUSD higher USD weakness has taken hold of the FX markets as investors position for a positive outcome from the German Constitutional Court and the announcement of Fed QE3 at the Thursday FOMC Meeting.
Asian Currencies Technicals
AUD/USD: Focus Firmly Remains On Higher Levels. Fresh 3 week highs for the pair as it closed above the 21-DMA with focus firmly on retests of the $1.0540-1.0640 region.
FX Daily Majors
Today’s highlights: – EURUSD: Reverting back to the breakout support zone of 1.2727. Some rebound potential from here for back to test trendline and 200- day average resistance at 1.2838/50.
Technical Analysis
The nokkie got it on the chin yesterday and a 7.40-7.45 test looks possible before realigning price action with downtrend again… EURSEK on the other hand confirmed mid-body resistance yesterday and looks ready to test nearby supports at 8.43 & 8.40…
Asian Currencies Technicals
AUD/USD: 21 DMA Continues to cap recovery. The 21 DMA continues to cap the recovery from monthly lows with further resistance noted in the $1.0400-44 region.