News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here:
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in Germany 30 are at opposite extremes with 65.58%. See the summary chart below and full details and charts on DailyFX:
  • Commodities Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.71% Silver: 0.20% Gold: -0.22% View the performance of all markets via
  • Forex Update: As of 11:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.13% 🇨🇦CAD: -0.01% 🇪🇺EUR: -0.05% 🇦🇺AUD: -0.08% 🇨🇭CHF: -0.09% 🇬🇧GBP: -0.10% View the performance of all markets via
  • Indices Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Germany 30: 1.41% France 40: 0.99% FTSE 100: 0.54% Wall Street: -0.06% US 500: -0.18% View the performance of all markets via
  • Heads Up:🇧🇷 BCB Copom Meeting Minutes due at 11:00 GMT (15min)
  • Defensive stocks have proven critically important when navigating stock market volatility. Find out what are the most defensive stocks here:
  • The London trading session accounts for around 35% of total average forex turnover*, the largest amount relative to its peers. The London forex session overlaps with the New York session. Learn about trading the London forex session here:
  • Italian PM Conte confirms to cabinet that he is resigning - government source
  • BoJ's Kuroda says monetary policy does have some limits in trying to achieve inflation target $JPY
New Zealand Dollar Technical Analysis: GBP/NZD, NZD/CAD, NZD/CHF

New Zealand Dollar Technical Analysis: GBP/NZD, NZD/CAD, NZD/CHF

Dimitri Zabelin, Analyst

New Zealand Dollar Analysis, GBP/NZD, NZD/CAD, NZD/CHF – TALKING POINTS

  • GBP/NZD trading below multi-month uptrend: capitulation or break through ahead?
  • NZD/CAD recovery from seven-year low may be capped as pair heads to resistance
  • NZD/CHF bouncing back after enduring double digit selloff, weakest rate on record


GBP/NZD may face selling pressure ahead if the pair fails to re-mount the January uptrend which has served as a key inflection point at several intervals. Over the past few weeks, traders have expressed an interest in climbing higher as demonstrated by the far-reaching wicks but ultimately failed. The lack of confidence could lead to capitulation and catalyze a selloff until GBP/NZD hits the familiar 1.9878-2.0000 support range.

GBP/NZD – Daily Chart

Chart showing GBP/NZD

GBP/NZD chart created using TradingView


NZD/CAD’s recovery after bottoming out at a seven-year low may be cut short as the pair flirts with familiar but formidable resistance between 0.8524- 0.8499. However, if NZD/CAD is able to clear it with follow-through, the next barrier to surmount may be the ceiling at 0.8668 where the pair stalled back in early March. If this too is shattered, it may reinvigorate bullish sentiment for NZD/CAD and push the pair higher.

NZD/CAD – Daily Chart

Chart showing NZD/CAD

NZD/CAD chart created using TradingView


NZD/CHF may be in the process of staging a recovery after the pair endured an over 10 percent decline since February and reached the weakest exchange rate on record. Since bottoming at 0.5541, the pair has been climbing along a steep uptrend and may eventually seek to retest descending resistance dating back to December 2019. However, NZD/CHF may break below the slope of appreciation before that point, thereby potentially delaying a retest of the descending ceiling.

NZD/CHF – Daily Chart

Chart showing NZD/CHF

NZD/CHF chart created using TradingView


--- Written by Dimitri Zabelin, Jr Currency Analyst for

To contact Dimitri, use the comments section below or @ZabelinDimitrion Twitter

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.