Tag Archives: NZD/USD
Daily FX Wrap and Strategy
The NZD was the weakest performing currency by a large margin over the past 24-hours. It has declined about 1.4% relative to the USD and now sits around 0.8580.
Aussie Currencies Technicals
The initial move higher Thursday struggled at the Bollinger band top before drifting back towards the 21-DMA.
Daily FX Update
Encouraging early PMIs from Europe and China combined with reasonably strong earning releases are supporting risk and
FX Daily Majors
Today’s highlights: EURUSD confirms a bearish “wedge” and we look for further weakness to 1.3374 initially, then 1.3248.
The kiwi crashed and burned after RBNZ. Bunds eke out a fresh high
EUR/USD looks ripe for a correctional bounce higher with a first-hand target at 1.3491\94…
FX Daily
Overall, we expect to see a slight improvement in euro area PMIs for July. In ourview it will probably be a bit more pronounced in the service sector,
Aussie Currencies Technicals
Wednesday’s rally and bullish close ends bearish hopes and sees immediate focus shift to the 2014 high at $0.9505 with
Daily FX Wrap and Strategy
The NZD/USD sits fractionally higher at 0.8690 this morning, ahead of the RBNZ’s (9am NZT) meeting.
FX Daily Majors
Today’s highlights: EURUSD has finally completed the long-looked for large bear “wedge”, and we target 1.3248, then 1.2755.
Daily FX Wrap and Strategy
The NZD/USD sits a little lower at 0.8660 this morning. The NZD/USD drifted lower during the course of yesterday in the absence of domestic data releases,
Aussie Currencies Technicals
AUD/USD managed a spike above the 21-DMA Tuesday but has so far lacked follow through with the pair closing marginally below the 21-DMA ($0.9396).
NZD/USD Techincal Analysis
NZD/USD’s ascent has come very close to the .8845 2011 peak before failing at the current July high at .8836.