International Business Times

NZD/USD Weekly Technical Analysis

NZD/USD Forecast for the Week of March 19, 2012, Technical Analysis

The NZD/USD pair fell for much of the week, only to turn around and bounce back to finish the week higher. The resulting hammer shows that we are finding support in the area, and the 0.81 level which coincided with the 38.2% Fibonacci retrace seems to have been the catalyst. With this in mind, we see buying opportunities on a break of the highs from the weekly candle. The 0.

Mar 19, 2012 | FXEmpire

NZD/USD Forecast for the Week of March 5, 2012, Technical Analysis

The NZD/USD pair had a rough week by all measures. The 0.85 level above continues to hold off the bears, but the trend is decidedly up at this point, and that is the direction that we are most comfortable with. The 0.80 level below is without a doubt a "line in the sand" for the bulls in this pair. Until we break below that - we can only buy the Kiwi when we see support.

Mar 05, 2012 | FXEmpire

NZD/USD Weekly Fundamental Analysis February 27 – March 2, 2012, Forecast

The NZD/USD is trading at 0.8360 The New Zealand dollar rose against the greenback as US jobless claims and housing data beat estimates, stoking optimism for global growth and demand for high-yielding currencies. The New Zealand dollar is washing around a bit - but it is not the start of a downward trend. There is just a bit of pressure on the crosses.

Feb 26, 2012 | FXEmpire

Forex - NZD/ USD Technical Analysis (New Zealand Dollar / US Dollar)

The pair NZD/USD continues to test the resistance at 0.78. All indicators are bullish. We maintain to trade only long positions as far as 0.77 is support. The breakout of 0.78 will give a new buy signal and open the way towards 0.79. In case of return below 0.77, we will be neutral between this level and 0.7650. The opening bullish gap is still not filled in.

Dec 02, 2011 | Forextribe

Autochartist - Weekly Forex Update: NZD/USD

NZD/USD is continuing to advance inside the Triangle chart pattern identified by Autochartist on the daily charts. This chart pattern is continuing the prevailing uptrend that can be seen on the daily and the weekly NZD/USD char.

By Dima Chernovolov | Sep 19, 2011 | Autochartist

FX Technical Weekly for EURUSD, EURGBP, GBPJPY, EURJPY, USDCHF, USDCAD, USDJPY, NZDUSD, AUDUSD and GBPUSD

TrendW is weekly trend and CURR denotes how long the current trend has been underway in weeks. 1,2,3 STD are 1st,2nd, and 3rd standard deviations of the duration of trends measured over the last 150 weeks (3 years).

Jan 22, 2011 | DailyFX

Market Update - Aussie and Kiwi are moving higher

It has been a quiet open to the week, with the exclusion of a few currency pairs. Aussie and Kiwi are moving higher against the buck while most other currencies are up or down only marginally.

Dec 21, 2010 | FXRenew

FX Technical Weekly for EURUSD, EURGBP, GBPJPY, EURJPY, USDCHF, USDCAD, USDJPY, NZDUSD, AUDUSD and GBPUSD

Quite simply, the EURUSD pattern is bearish against 13500. The rally to that level is a clear 3 wave advance and minimum expectations are for a drop below 13160. A near term objective is 13400 (100% extension) and a drop below 12970 would ignite the fire that burns deep within the bear and shift focus to the former pivot low at 12585.

By Jamie Saettele | Dec 19, 2010 | DailyFX

FX Technical Weekly for EURUSD, EURGBP, GBPJPY, EURJPY, USDCHF, USDCAD, USDJPY, NZDUSD, AUDUSD and GBPUSD

The EURUSD has marked time and the decline from 13438 is either a series of 1st and 2nd waves before the next big breakdown or a correction before the EURUSD exceeds 13438 to complete a larger correction. Given that the larger trend is viewed as down, I tend to favor the more immediate bearish interpretation. However, a move above 13438 would shift focus to 13610 (78.

By Jamie Saettele | Dec 12, 2010 | DailyFX

FX Technical Weekly for EURUSD, EURGBP, GBPJPY, EURJPY, USDCHF, USDCAD, USDJPY, NZDUSD, AUDUSD abd GBPUSD

The strong counter trend rally is materializing as expected and levels to expect resistance are 13375 and 13475 (50% and 61. 13400 reinforces the 50% level as the 161.8% extension of the 12968-13181 rally. The larger trend is down against 13785.

By Jamie Saettele | Dec 05, 2010 | DailyFX

Autochartist - Weekly Forex Update: NZD/USD

7633 main range. This top helped form the resistance line of this 111-bar Triangle chart pattern, setting up this Forex pair for a drive through the support line. The high Clarity rating of 10-bars more than offsets the 1-bar Initial Trend rating, helping to produce a better than average Quality rating of 6-bars. A high Uniformity rating of 7-bars indicates that the chart pattern's cont.

By James A. Hyerczyk | Nov 24, 2010 | Autochartist

FX Technical Weekly

As mentioned in recent days, "price needs to stay below 13775 for the immediate extremely bearish count to remain valid. A move above there could also complete an expanded flat so it is best to NOT put a stop at that level. Bottom line, the larger EURUSD trend is down and I favor selling rallies.

By Jamie Saettele | Nov 22, 2010 | DailyFX

  • Our Partners
E-Newsletters

We value your privacy. Your email address will not be shared.