Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD: Focus shifts back to Aug monthly highs. Friday’s sharp move higher paused right on the 21 day MA but the move through layers of resistance has seen focus now shift back to retests of the $1.0540-1.0640 region.
FX Daily Strategist: US
– Draghi delivers, EURUSD to continue its march towards 1.2800 It is clear from the market reaction following the ECB meeting yesterday that the outcome has presently surprised, even though . Stocks are continuing to trade higher (financials still outperforming), Spanish 10Y bonds have continued to rally (30bps following from 40bps yesterday).
Asian Currencies Technicals
AUD/USD: Oversold daily techs studies correcting. Very O/S daily tech studies have come into play with the pair bouncing back towards the 100 week MA ($1.0298) and the Ichimoku cloud top ($1.0314).
Asian Currencies Technicals
AUD/USD: Fresh 6 week lows. Fresh 6 week lows for the AUD/USD with the 100 day ma taken out and chopping around the falling 21 day lower Bollinger band ($1.0192) expected to continue.
Asian Currencies Technicals
AUD/USD: 100 day MA just below market. The pair pulled up just short of the 100 day MA after having taken out the 38.2% Fibo level, while daily tech studies remain very much in oversold territory.
Asian Currencies Technicals
AUD/USD: Layers of support just below market. Fresh 4 week lows continue with the pair dipping below the Ichimoku cloud base, but pulling up just short of the 38.2 Fibo level, the 21 week moving average ($1.0214) and the 100 day moving average.
FX Daily Majors
Today’s highlights: – EURUSD: Prod above 1.2593/8 Fibonacci cluster exposes the mediumterm downward trendline at 1.2644. Above here is needed to expose the 1.2749 interim high.
Asian Currencies Technicals
AUD/USD: Oversold tech studies could be an issue. Oversold daily tech studies looking to correct may be an issue for the immediate continuation lower with the Ichimoku cloud top and 38.2% Fibo ($1.0222) lurking below.
Asian Currencies Technicals
AUD/USD: Move lower looking a little over done. Spikes below the sharply falling lower 21 day Bollinger band continue following the break of the 200 day MA.
Americas FX Daily
Playing the ranges What happened overnight * AUD Q2 capex above consensus, mining pipeline still robust * Brazil cut rates 50bp as expected, signaled shift in guidance * Italy successfully auctions 2017 and 2022 paper
FX Daily Strategist: US
* Sharp rally in NOKSEK is set to continue. We target 1.17. Our long NOKSEK recommendation is showing some signs of life with a large move higher to break above its 55 dma (1.1449). A sustained close above that level today would target a move to its 200 dma (1.1639) – well on its way […]
Daily FX Technical Strategy: No base yet for AUD
Base metals look to have completed their recent recovery bounce and the subsequent downturn is expected to keep the focus lower for AUD.