Tag Archives: NZD/USD
Weekly CFTC Trader Positioning Data
USD SENTIMENT BUILDS AT THE EXPENSE OF EUR AND JPY Positive sentiment toward the USD has continued to build this week at the expense of EUR and JPY as most of the remaining pri-mary currencies were left unchanged.
FX Daily Majors
Today’s highlights: * USDJPY spotlights turns to the key 101.54/61 barrier. Above here is needed to open up a test of the year’s high at 103.10/74.
Daily FX Wrap and Strategy
From highs of almost 0.8400 on Wednesday, the NZD/USD is back flirting with important support levels around 0.8200 this morning.
Asian Currencies Technicals
AUD/USD hacontinued its move lower, breaking below the 100-DMA for the first time since mid-Sept with the immediate focus now shifting to a retest of the Sept 5 low at $0.9117.
FX Daily Majors
Today’s highlights: * USDJPY above 100.62 should reinforce a bullish “triangle” story for 101.54/61, then back to 103.10.
Daily FX Wrap and Strategy
The NZD/USD sits a little lower, around 0.8280 this morning. The NZD/USD, unusually, showed a response to yesterday’s NZ PPI data.
Asian Currencies Technicals
AUD/USD: The move higher failed at the 21-DMA on Wednesday before heading lower and taking out the previous initial support at $0.9360.
Economy Watch – PPI Affirms Accelerating Nominal Economy
It’s not often that the markets react to New Zealand’s producer price data (a shame, but true). But they did to this morning’s, at least initially.
Daily FX Wrap and Strategy
Much like that faced by our footballers today, it was a bit of an uphill battle for the kiwi overnight. The NZD/USD spent the night shuffling around in a 0.8310-0.8370 range,
Asian Currencies Technicals
The $0.9360 level confirmed its significance with the AUD/USD bouncing from this level to take out $0.9424.
FX Daily Majors
Today’s highlights: * EURUSD correction extends, but we still look for an attempt to try and turn lower again from 1.3548/68.
FX Trends daily (FOCUS: lower NZD/USD)
After a rebound in the recent sessions, the NZD/USD has failed to clear the 0.8416/37 resistance area (September 19 & November 6 high pivots).