NZDUSD Rate Breaks Out of Monthly Opening Range Following RBNZ

NZDUSD Rate Breaks Out of Monthly Opening Range Following RBNZ

NZDUSD stands at risk for a larger correction following the Reserve Bank of New Zealand (RBNZ) meeting as the exchange rate breaks out of the monthly opening range.
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Philippine Peso, Singapore Dollar Nearing Trend-Defining Support

The Philippine Peso and Singapore Dollar are a step closer towards testing major trend-defining support. As USDINR looks to resume its downtrend, USDMYR is stuck within its own.
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Analyst Picks

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Currency Pair:  Near-term Trade Setups in USD/CAD and NZD/USD
Expertise: Technical
Average Timeframe of Trade: 1-3 Days
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Currency Pair:  Bullish EUR/USD
Expertise: Fundamental and Technical
Average Timeframe of Trade: 2 - 10 Days

Technical Analysis

Loonie Weekly Price Outlook: USD/CAD Breakdown Targets Yearly Lows

Loonie is on a tear with and outside-weekly reversal off resistance last week now probing four-month lows. These are the levels that matter on the USD/CAD weekly chart.
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Our latest podcast covers developed market vs emerging market equities, populism and trading and fundamental analysis.
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Learn how to use the Head and Shoulders pattern to spot trend reversals on forex and stock charts.
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Data updated in real-time.
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EUR/USD 
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SPX500 

Central Bank Rates

Currency Central Bank Rate
   aud
1.25%
   nzd
1.50%
   eur
0.00%
   cad
1.75%
   gbp
0.75%
   usd
2.25 - 2.50%
   chf
-0.75%
   jpy
-0.10%
   MXN
8.25%

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