Tag Archives: NZD/USD
Daily FX Wrap and Strategy
The NZD finished the week with somewhat of a whimper, falling 0.1% against the USD to 0.8660. However, in the context of an outstanding week, a bit of profit-taking seems understandable.
Select FX (AUD, NZD, CAD, BRL) Firm As Carry Returns
With majors such as the euro and dollar-yen languishing in tight ranges this week, it came as somewhat of a surprise to see select currencies, such as the Aussie and Canadian dollar,
Asian Currencies Technicals
Tuesday’s close above the 200-DMA has been followed up with fresh 2014 and 4 month highs on Thursday. Bulls are currently targeting the $0.9322-33 region where the rising daily channel top is noted with
Daily FX Wrap and Strategy
The NZD was the star performer over the past 24-hours. It sitsaround 0.8670 this morning.Yesterday morning brought another strong batch of NZ tradefigures.
Daily FX Update
Markets are relatively quiet the biggest movers in FX have been rallies from NZD and NOK and general weakness in the other European currencies (ex-NOK).
A weaker € + a stronger NZD = a €/NZD sell
EUR/USD: After the mid body test (of the Mar 19 falling benchmarkcandle) and rejection the market has been mainly on thedefensive. Yesterday’s close,
Asian Currencies Technicals
Tuesday’s close above the 200-DMA has been followed up with a continuation higher with immediate focus remaining on the $0.9268-0.9333 region and then the $0.9452 Nov 19 high above.
FX Daily Majors
Today’s highlights: AUDUSD’s break above the 200-day average at .9137 reinforces the base, and we stay bullish for .9410/.9510.
Asian Currencies Technicals
AUD/USD looks like closing above the 200-DMA today after trading at fresh 4 month highs overnight. Initial support is now noted at the $0.9121 low from Tuesday with bears needing a close below to
FX Daily Majors
Today’s highlights: AUDUSD focus remains on the 200-day average at .9138, a close above which can reassert a “head & shoulders” base, for .9410/.9510.
Asian Currencies Technicals
AUD/USD managed a brief spike above the 200-DMA to start the new week before closing marginally below. The $0.9140-0.9204 region is key for the aussie this week with
Daily FX Wrap and Strategy
The NZD saw a lacklustre trading session for the most part,but is higher this morning after liquidity-inspired USD movelower.