Tag Archives: NZD/USD
Aussie Currencies Technicals
The recovery from ahead of the key $0.9322 support continued on Thursday with the aussie having found support at the 55-DMA but
Aussie Currencies Technicals
AUD/USD bounced from ahead of the key $0.9322 support on Wednesday, confirming the significance of this level.
EUR/USD should extend losses into the low – 1.35s
EUR/USD is targeting the low-1.35s now. EUR/GBP looks staged to seriously test trendline support at 0.7900.
Aussie Currencies Technicals
AUD/USD remained capped ahead of the $0.9408 as it again struggled at the 21-DMA ($0.9400) with the dip below
FX Daily Majors
Today’s highlights: GBPUSD’s break of key near-term support at 1.7095/85 sets a minor top, which should allow a deeper setback to 1.7008/1.6998.
Aussie Currencies Technicals
AUD/USD continues to look a little heavy with it struggling at the 21-DMA ($0.9401) to start the new week.
FX Daily Majors
Today’s highlights: USDCAD maintains a base from key support at 1.0600, and we stay bullish for the 200-day average at 1.0811.
Markets Outlook – Speeding Tickets
We anticipate the CPI to show a 0.4% increase in the second quarter. This would see annual inflation rise to 1.8%,
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up/neutral this week We adopt a cautious positive bias this week.
Weekly Commentary
The New Zealand economy appeared to have hit a sweetspot in the early part of this year, but a number of previouslysupportive factors have started to turn in recent months.
Daily FX Wrap and Strategy
The NZD edged lower on Friday, dipping 0.1% against theUSD to 0.8810.NZD/USD had another peek above 0.8830,