Tag Archives: NZD/USD

Daily FX Wrap and Strategy

NZD/USD looked to test 0.82 last night, but bounced to sitat 0.8240 currently, down 0.1% for the day.

The correction lower from last week’s brief pop above the $0.9400 level has now resulted in the first close below

Today’s highlights: AUDUSD finally confirms a large top and we stay directly bearish for.9082 next, then .8982/56.

EURUSD largely held onto its overnight rally, trading at 1.2932.

The NZD continues to make headway lower, havingfollowed the AUD lower over the past 24 hours.

The correction lower from last week’s brief pop above the $0.9400 level gathered momentum again Tuesday with

EUR/USD: We see no reason to fight the trend. Any move close to 1.3000 is a sell,

Today’s highlights: AUDUSD falls sharply to retest key support at .9244/38,

The NZD fell in line with its peers against the USDovernight, down 0.6% to 0.8280.

AUD/USD has been unable to capitalise on Friday’s close above the 55-DMA with the sell-off Monday seeing

Today’s highlights: GBPUSD’s break below 1.6283/52 warns of further weakness to

NZD/USD Outlook: Down this week We continue to hold a negative view of NZD/USD.