Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD bounced from just ahead of the $0.9050 hourly support level on Tuesday with the move to fresh 2014 and 3 month highs seeing the pair on track to retest the 200-DMA.
FX Daily Majors
Today’s highlights: AUDUSD spotlight turns again to key resistance at .9136/50, but with a break above here needed to reinforce thoughts of a base.
Asian Currencies Technicals
The dip below the 21-DMA ($0.9005) was brief for with the move higher pausing ahead of layers of resistance noted in the $0.9104-0.9203 region including the 200-DMA.
Weekly Commentary
As was widely expected, the Reserve Bank lifted theOfficial Cash Rate to 2.75% last week, and signalled anextended series of hikes over the course of the next fewyears.
Asian Currencies Technicals
The AUD/USD marginally dipped below the 21-DMA ($0.9004) again on Friday before bouncing to retest the 100-DMA. The move below Friday’s low to
FX Daily Majors
Today’s highlights: USDJPY’s collapse below 102.11/09 sees a defensive range reemerge.
Sell €/$. Buy USD/NOK. Stronger yen in the pipe.
EUR/USD: Yesterday’s up-thrust peak (false break above a well definedtop resistance) outside the Bollinger bands has created anequally high probability bearish setup late Dec.
Asian Currencies Technicals
AUD/USD broke sharply above the $0.9000 level yesterday with the move initially heading above the 100-DMA before dipping given back most of the gains above the $0.9000 level which is seen as pivotal.
Daily FX Wrap and Strategy
The spotlight was on Australasian currencies yesterday. The NZD/USD has pushed higher to trade at 0.8530 currently.
Daily FX Update
Growth currencies are outperforming and the USD is broadly weaker as we approach the NA session, as market participants take confidence in the stronger than expected employment release from Australia and
FX Daily Majors
Today’s highlights: EURGBP above .8351 has seen a base established, and we target .8392 initially, then the 200-day average at .8426.
The Global Macro Pulse
The antipodeans have dominated G10 FX price action. NZDUSD rallied to 0.8520 following the RBNZ’s rate hike and hawkish statement only to get a further leg up to 0.8562 from the AUDUSD.