Tag Archives: NZD/USD
Asian Currencies Technicals
The $0.9319 support confirmed significance Thursday with the AUD/USD bouncing from this level and the move higher pausing ahead of $0.9395.
Daily FX Wrap and Strategy
The NZD traded a relatively tight range over the past 24-hours, to sit at 0.8640 this morning.After the previous days’ sharp falls the NZD/USD easedinto a steady range of trading yesterday.
FX Daily Majors
Today’s highlights: GBPUSD stays bullish to test the multi-year range highs at 1.7044, then 1.7287 with our core target at 1.7332.
BNPP Introduces A New Forecasting Model
BNP Paribas today introduces a new forecasting model ‘CLEER’ which is a medium-term fair value model for currencies.
Asian Currencies Technicals
AUD/USD consolidated Wednesday and briefly dipped below the 21-DMA before finding support at $0.8319. Bears need a close below to confirm a break of the 21-DMA and
Daily FX Wrap and Strategy
Reversing the previous day’s moves, the NZD stands outover the past 24-hours as the weakest performing majorcurrency. The NZD/USD sits 0.70% lower, at 0.8680.
Daily FX Update
A lack of follow through of yesterday’s USD weakness is a warning but the downward trend remains strong. Event risk today is centered on Chair Yellen,
FX Daily Majors
Today’s highlights: GBPUSD stays bullish to the multi-year range highs at 1.7044, then 1.7285 with our core target at 1.7332.
Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, USD/CAD
EUR/USD: Prior resistance just over 1.39 is converted into presumed support with a mid-body point now contributing to this thought.
Asian Currencies Technicals
AUD/USD has finally taken out the 21-DMA with this level seen as initial support and bears now needing a close back below to signal a false break higher and shift focus back to the $0.9202-47 region.
Daily FX Wrap and Strategy
The NZD has rocketed higher on the back of broad-based USD weakness. Its appeal as a carry-trade target currency has it sitting atop the G10 currency leaderboard against the USD. It is up 0.9% to 0.8750, a fresh 2.5-year high.
FX Daily Majors
Today’s highlights: GBPUSD ideally hold above its 21-day average at 1.6806/05 to see a move up to 1.7044 next.