Tag Archives: NZD/USD

Asian Currencies Technicals

AUD/USD: Double daily bottom with stops below. A double daily bottom is now in place just below $1.0500 with stops noted below. Overall we continue to look for a move below the Aug 2 lows to confirm an end to the move higher and see focus shift back to tests of 200 and 100 day […]

FX Daily Majors

Today’s highlights: * EURUSD: Correction holds above key 1.2200/09 support zone keeping short-term upward trend intact for now. We remain positive over the short term for 1.2598.

Asian Currencies Technicals

AUD/USD: Cracks appearing in trend higher. Sharp dip Friday combined with overbought daily tech studies and failures ahead of the March 19 high could be indicating its time for a pullback for the AUD/USD. Back below the Aug 2 lows is needed to shift focus away from higher levels and back to retests of the […]

FX Daily Majors

Today’s highlights: * EURUSD: Break through 1.2326/37 support zone allows for a deeper set back within the current corrective uptrend, but we look for this to gain traction at 1.2209/00.

FX Daily Majors

Today’s highlights: * EURUSD: Market holds the 38.2% retracement support at 1.2326. We expect the market to continue higher through 1.2444 to 1.2598 78.6% retracement resistance.

Asian Currencies Technicals

AUD/USD: Starting to look a little tired. Failure by the AUD/USD to retest the Aug 7 highs on yesterday’s bounce combined with overbought daily techs looking to correct could be hinting at a pullback.

Asian Currencies Technicals

AUD/USD: Daily tech studies overbought. The AUD/USD continues to set fresh 4 month highs on a daily basis as it tests the rising daily channel top and rising 21 day upper Bollinger band ($1.0634).

Asian Currencies Technicals

AUD/USD: Fresh 4 month highs. Tests of the sharply rising 21 day upper Bollinger band nd daily channel top continue with initial focus on Mar 19 highs.

Asian Currencies Technicals

AUD/USD: 21 day upper Bolli tests to continue. The pair continues to test the sharply rising 21 day upper Bollinger band with the Mar 19 highs the initial focus and then the 2012 highs from Feb 29 above that.

Asian Currencies Technicals

AUD/USD: Spike lacks follow through. A whippy past 24 hours for the AUD/USD with a spike above the upper 21 day Bollinger band to fresh 4 month highs lacking follow through.

Asian Currencies Technicals

AUD/USD: Fails at the $1.0556 hurdle. Following yet another fresh 4 month high the AUD/USD reversed sharply from just short of the Mar 27 highs that were initially targeted.

Asian Currencies Technicals

AUD/USD: Focus remains on higher levels. Oscillation around the rising 21 day upper Bollinger band continues ($1.0515) as the pair edges closer to the March 27 highs with overall focus remaining on tests of the $1.0856 2012 highs.