Tag Archives: NZD/USD
Aussie Currencies Technicals
Last week’s failure at $0.9374 has seen the aussie close back below the 21-DMA with immediate focus having shifted to
FX Daily Majors
Today’s highlights: USDJPY’s surge above the 104.47 barrier keeps the immediate risk topside for strength towards 104.88/94 initially, ahead of 105.48/60 highs.
Daily FX Wrap and Strategy
The NZD was the best performing major against the USDlast night, though to be honest, it did not take much.
Aussie Currencies Technicals
AUD/USD did little Monday with the pair having failed to make an impact on the key $0.9374 resistance and
FX Daily Majors
Today’s highlights: EURUSD breaks to a new cycle low leaving the trend directly bearish to 1.3104, then our 1.3020/15 target.
Terms of Trade Not The Shocker They Seem
The shock in New Zealand’s June quarter merchandise terms of trade was that they rose 0.3%,
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week Negative momentum in NZD/USD remains intact.
Weekly Commentary
The early part of last week was dominated by news fromoffshore. At a major central bank conference,
Daily FX Wrap and Strategy
The NZD slipped along with most of the majors against theUSD on Friday, dipping 0.3% to 0.8360.
Aussie Currencies Technicals
Last week’s rally saw spikes above the 55-DMA ($0.9361) with the rally remaining capped at $0.9374 which is the last line of defence for bears.