NZD/USD Classical 03.22 NZD/USD: The break below major neckline support at 0.7340 in recent trade has now triggered a double top formation that projects additional declines towards the 0.6700 area further down. Read more on Daily FX Japan stocks rally sharply in post-holiday trade LOS ANGELES (MarketWatch) — Japanese shares rallied sharply out of the open, as investors returned from a three-day weekend to improved sentiment over prospects for Japan’s recovery, even as the nuclear crisis there remained unresolved. The benchmark Nikkei Stock Average jumped 3.9% to 9,561.79, while the broader Topix rose 4% to 863.49, with U.S. gains following a major acquisition deal by AT … Read…. Click Here to Read More
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Posts Tagged ‘NZD/USD’
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NZDUSD: Short Trade Eyed Near 0.75
December 25th, 2010 
kk NZDUSD: Short Trade Eyed Near 0.75 As we suspected last week , NZDUSD has corrected higher after putting in a bullish Dragonfly Doji candlestick following an initial break through support at a rising trend line set from early June. Prices are now retesting this barrier to the upside, with resistance reinforced by a shorter-term downward-sloping trend line set from November’s swing high as well as the psychologically significant 0 … Read more on Daily FX China’s forex inflows slow in November but still high The amount of foreign currency flowing into China slowed in November but was still the second highest monthly total in 2010, the government said on Monday, amid official…. Click Here to Read More
Forex: NZD/USD nears 0.7540 support zone
October 11th, 2010 kk Forex: NZD/USD nears 0.7540 support zone FXstreet.com (Córdoba) – After opening the current week at 0.7465, around 20 pips higher from its New York close, NZD/USD reached an intraday high at 0.7572. However, the pair failed to extend gains above that level and retreated. Read more on The Forex Market Forex: USD/CHF may target 0.8400 – Capital Management FXstreet.com (Barcelona) – The downward-slopping movement from the USD/CHF reached its lowest record level at 0.9554 last Oct 7, rebounding mildly north to end the week at 0.9635. On Monday, downside pressure drove the pair down to 0.9585, yet a new upside correction snapped the price back up to neutral position 0.9630/35. Read…. Click Here to Read More
Forex: NZD/USD eases off daily highs
August 31st, 2010 kk Forex: NZD/USD eases off daily highs FXstreet.com (Barcelona) – The New Zealand dollar has eased off highs against the greenback, as early risk appetite weakened after further disappointing manufacturing data came out of the US. By closing bell over New York, the pair had dipped more than 60 pips from its peak to settle around 0.7030. Read more on The Forex…. Click Here to Read More
NZD/USD Classical 07.28
July 28th, 2010 kk NZD/USD Classical 07.28 NZD/USD: Â The daily close on Tuesday has taken the form of a very bearish gravestone doji pattern and we would expect to see some major weakness over the coming sessions. Daily studies are also quite stretched and this along with some cyclical studies that also warn of topping, provides a strong confluence of bearish signals to reaffirm our bias. Read more on Daily FX via Yahoo!…. Click Here to Read More
Forex: NZD/USD unable to hold above 0.7105
April 20th, 2010 kk Forex: NZD/USD unable to hold above 0.7105 FXstreet.com (Córdoba) – The Kiwi rallied the Greenback at the beginning of the Asian session, but was unable to consolidate above 0.7105 and retreated to a lower level. Read more on The Forex…. Click Here to Read More
Forex: NZD/USD erasing gains
April 18th, 2010 kk Forex: NZD/USD erasing gains FXstreet.com (Córdoba) – After NZD/USD began the week posting an 11-week high at 0.7194, Kiwi has weakened and erased most of Wednesday’s gains against the Dollar on Thursday. Read more on The Forex…. Click Here to Read More
Forex: NZD/USD breaks below 0.7045 session low
March 23rd, 2010 kk Forex: NZD/USD breaks below 0.7045 session low FXstreet.com (Barcelona) – Risk currencies are pulling lower on Monday on concerns about tighter monetary policies in Asia after a surprise rate hike by the Reserve Bank of India. NZD/USD retreat from 0.7175 high on Mar 17, has dipped lower hitting 0.7035 low so far. Read more on The Forex…. Click Here to Read More
