Tag Archives: NZD/USD

Daily FX Wrap and Strategy

The NZD sits a little lower at 0.7750 this morning. After its early morning surge yesterday,

The recent failure at the 21-DMA ($0.8155) resulted in fresh 2015 and

The euro slid to a nine-year low against the dollar on Wednesday as investors braced for

The NZD has been the strongest performer over the past 24-hours,

The bounce from recent 5+ year lows has so far stalled ahead of the 21-DMA with

Fresh 5+ year lows to start the new week confirm overall bearish focus on

The failure at the 21-DMA ($0.8188) last week and ahead of the $0.8235 resistance was followed up

On December 31st the Dow Jones Index of shares dropped 0.9 percent and the Standard & Poor’s Index fell 1 percent.

The recovery from 2014 lows continues to hesitate around the 21-DMA with

Recent hesitation ahead of the 2010 low has now resulted in a bounce that has

Recent hesitation ahead of the 2010 low resulted in a bounce to start the new week with

Continued hesitation ahead of the $0.8068 2010 low resulted in a break of the short term