Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: * EURUSD: Challenging 1.2383/7/8 resistance cluster. We highlight that an upside break above here completes a minor base with risk higher to 1.2444/79.
Asian Currencies Technicals
AUD/USD: Inside day to start the week. An inside day to start the week for the pair with the 21 day moving average capping the days rally.
FX Daily Majors
Today’s highlights: * EURUSD: Indecisive price action continues after failure ahead of 1.2383/7/8 resistance zone. We expect the market to retest 1.2242/56 support zone. Below exposes 1.2134.
Technical Analysis
€/Scandie’s correctional peaks in place… EUR/USD Indecisive … USD/JPY Important close today… NZD/USD Seeking a sell… EUR/SEK Strong rejection from target… USD/SEK 6.53/57 important ref’s… EUR/NOK 2nd spike above the line… USD/NOK Important support.
Asian Currencies Technicals
AUD/USD: Aug 2 lows finally give way. The pivotal support noted at Aug 2 lows finally gave way and now sees initial focus on a retest of the 200 day moving average with back down to July monthly lows targeted overall.
FX Daily Majors
Today’s highlights: * EURUSD: Aggressive rally higher leads to a re-test of the 1.2387/8 resistance hurdle. Failure here keeps the downside threat alive, but above exposes 1.2444/79.
Asian Currencies Technicals
AUD/USD: Aug 2 lows seen as pivotal. The correction from four month highs has paused ahead of the 21 day moving average and the somewhat pivotal $1.0436 Aug 2 lows as daily tech studies continue to unwind their overbought condition.
Asia today: USDJPY hits 4-1/2 week high as US yields extend gains
Asia was again content to mark time in currency markets with the overnight moves forcing consolidation again at lower levels.
Asian Currencies Technicals
AUD/USD: Dips below 21 day moving average. The AUD/USD has extended the sequence of lower highs and lows, dipping below the 21 day MA for the first time in a month with the Aug 2 lows remaining somewhat pivotal.
FX Daily Majors
Today’s highlights: * EURUSD: Failure to break above 1.2387/8 and subsequent reversal lower turns the focus back on 1.2242. Through here signals the start of next leg lower to 1.2042, then 1.1876.
Asian Currencies Technicals
AUD/USD: Remains heavy, key support below. The double daily bottom didn’t last long with the break lower pausing ahead of initial support in the $1.0436-54 region.
FX Daily Majors
Today’s highlights: * EURUSD: Recovering back up towards 1.2388 interim chart resistance. We expect the market to break through here to challenge 1.2444/79 and then 1.2598.