Tag Archives: NZD/USD
Daily FX Wrap and Strategy
The NZD/USD trades higher, at 0.8300, this morning,boosted by Friday night’s US payrolls report.The US payrolls report determined most currency’s fateson Friday night.
Daily FX Wrap and Strategy
The NZD/USD trades a little lower around 0.8240 early thismorning.Overnight, all eyes were on Europe as the ECB and BoEannounced rate targets.
FX Daily Majors
Today’s highlights: USDCAD approaches the 1.0854 2010 peak. We allow for an initial hold here, but expect an eventual break higher to confirm a much larger base, for 1.1234.
Daily FX Wrap and Strategy
The NZD/USD has traded a 0.8270 to 0.8320 range over the past 24-hours, returning to sit at a similar level to yesterday morning. It trades at 0.8280 at present, ahead of the release of the December US Federal Reserve Minutes (8am NZT).
Weaker CAD & CHF noted. Looking for a EUR/JPY sell.
EUR/USD: Judging by price action the market remains in aconsolidation/correction in relation to the most recent sharpdrop. This means that another leg lower should materialize.
Daily FX Wrap and Strategy
The NZD/USD has traded approximately a 0.8260-0.8300range over the past 24-hours, sitting just above 0.8280 atpresent.There were no domestic data releases yesterday,
Daily FX Wrap and Strategy
The NZD/USD sits a little higher at 0.8300 this morning,after dipping below 0.8260 overnight.A weaker USD (see Majors) helped buoy the NZD/USD.
Daily FX Wrap and Strategy
The NZD/USD has started the year on the front foot. It was the strongest performer of its peers on Friday night. It trades around 0.8280 this morning.
Asian Currencies Technicals
AUD/USD has again remained capped on bounces ahead of the 21-DMA. The aussie looks set for further sideways trading within a $0.8820-0.8955 range with a break lower seeing immediate focus shift to
Asian Currencies Technicals
AUD/USD The move higher stalled ahead of the 21 day moving average and the falling daily channel top off Oct monthly highs.
Forex Weekly Report
UK unemployment continues to contract The unexpected decline of unemployment to a 4 year low at 7.4% should be seen as new evidence of how sharp the current UK recovery is.
FX Daily Majors
Today’s highlights: AUDUSD stays bearish for bear channel support at .8743/385 and then 38.2% retracement support at .8675.