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.

Free Trading Guides
EUR/USD
Bullish
Low
High
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
GBP/USD
Bearish
USD/JPY
Bullish
Gold
Bearish
Oil - US Crude
Bullish
Bitcoin
Mixed
More View more
Real Time News
  • En español: La libra esterlina festeja la victoria electoral de Boris Johnson; $GBPUSD estalla al alza y marca un nuevo máximo anual #trading #forex #brexit #GE19 👉Los detalles aquí 👉👉https://t.co/Oyu9WBNeWL https://t.co/i9YL9D85hg
  • After a dismal week for the $USD, SGD, PHP, IDR and MYR turn their focus to the Federal Reserve. USD/PHP is also awaiting the BSP rate decision as USD/INR eyes Indian CPI data.Get your market update from @ddubrovskyFX here:https://t.co/hA2QjnL2kU https://t.co/f5jVxH0aHc
  • EUR/USD Technical Analysis: Euro Pop Failing at Range Top? - https://www.dailyfx.com/forex/technical/home/analysis/eur-usd/2019/12/13/EURUSD-Technical-Analysis-Euro-Pop-Failing-at-Range-Top.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #EURUSD #technicalanalysis https://t.co/dZ9GSciOh3
  • 🇯🇵 JPY Industrial Production (YoY) (OCT F), Actual: -7.7% Expected: N/A Previous: -7.4% https://www.dailyfx.com/economic-calendar#2019-12-13
  • Heads Up:🇯🇵 JPY Industrial Production (YoY) (OCT F) due at 04:30 GMT (15min), Actual: N/A Expected: N/A Previous: -7.4% https://www.dailyfx.com/economic-calendar#2019-12-13
  • #Euro area stocks may be preparing to break the four-month uptrend built around hopes for a US-China trade deal and an orderly #Brexit outcome. Get your market update from @IlyaSpivak here: https://t.co/ujlCJiXLvh https://t.co/vKhjtd86RV
  • SNP is feeling pretty good tonight. #indyref2 is coming. Just a matter of when. #indyref2020? #Brexit #UKElection #UKelection2019 https://t.co/WYmQK84Mfd
  • RT @IGSquawk: Jo Swinson loses her seat to the SNP by 149 votes. #UKElection
  • RT @bbclaurak: Separately SNP sources believe they have beaten Jo Swinson - tonight may have claimed Lib Dem Leader, DUP Westmin leader, an…
  • Get your $GBP reaction to the latest #GE2019 results. Join our live coverage with @JMcQueenFX to follow the release and its impact live today at 11:30PM EST/ 4:30GMT: https://t.co/8rzLPMJ6tE #UKElection https://t.co/h7cLIuOJ2O
New Zealand Dollar Short Setup

New Zealand Dollar Short Setup

2010-03-25 14:21:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

 

nzdusd0325
 
The drop below the short term support line indicates that a top may already be in place for the NZDUSD at 7185.  Further, the decline from that point is impulsive.  The rally from near 7000 has reached the 61.8% retracement so the NZDUSD should roll over from here if the larger trend has turned down.
 

 

Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Friday evenings), technical analysis of currency crosses on Monday, Wednesday, and Friday (Euro and Yen crosses), and intraday trading strategy as market action dictates at the DailyFX Forum.  He is the author of Sentiment in the Forex Market.  Follow his intraday market commentary and trades at DailyFX Forex Stream.   Send requests to receive his reports via email to jsaettele@dailyfx.com.

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

DISCLOSURES

News & Analysis at your fingertips.