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
GBP/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
USD/JPY
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
Gold
Bullish
Oil - US Crude
Mixed
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
Bitcoin
Bullish
More View more
Real Time News
  • 🇳🇿 NZD Performance Services Index (DEC), Actual: 51.9 Expected: N/A Previous: 52.9 https://www.dailyfx.com/economic-calendar#2020-01-20
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.48%, while traders in Germany 30 are at opposite extremes with 77.92%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/LhzR5w5jQ6
  • Get your $USD fundamental forecast for Q1, 2020 with @DailyFX Chief Strategist, @JohnKicklighter here. For a detailed forecast, download your free guide here: https://t.co/7yKuLVIsHW https://t.co/mxQjrJpWEO
  • Stay tuned for my Nordic fundamental outlook. Preview of the topics: - #WEF20, IMF World Outlook Unpacked - #ECB Rate Decision May Boost NOK, SEK - Norges Bank Rate Decision: What to Expect - Economic Data to Watch - US Dollar Technical Analysis: USD/SEK, USD/NOK Chart Setups
  • RT @malkudsi: EUR/USD Bearish Signals on the Radar – Euro vs USD Price Forecast More details in the link below: https://www.dailyfx.com/forex/technical/home/analysis/eur-usd/2020/01/20/EURUSD-Bearish-Signals-on-the-Radar-Euro-vs-USD-Price-Forecast-MK.html?CHID=9&QPID=917714 htt…
  • Heads Up:🇳🇿 NZD Performance Services Index (DEC) due at 21:30 GMT (15min), Actual: N/A Expected: N/A Previous: 53.3 https://www.dailyfx.com/economic-calendar#2020-01-20
  • Indices Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.22% France 40: 0.12% Wall Street: 0.00% US 500: 0.00% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/9lBhpNP7o3
  • Commodities Update: As of 19:00, these are your best and worst performers based on the London trading schedule: Gold: 0.22% Oil - US Crude: 0.19% Silver: 0.18% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/TEY5G4h6aQ
  • How can you be a part-time trade? Get your tips on workflow and strategy here with@WVenketas: https://t.co/b8ywNOOgx9 #tradingstyle https://t.co/tTKLUu8adm
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.48%, while traders in Germany 30 are at opposite extremes with 77.92%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/R32ItGETq9
New Zealand Dollar Bounce Complete?

New Zealand Dollar Bounce Complete?

2011-03-14 14:35:00
Jsaettele,
Share:

Daily Bars

eliottWaves_nzd-usd_body_nzdusd.png, New Zealand Dollar Bounce Complete?

Prepared by Jamie Saettele

The larger trend is down and resistance extends to former support at 7505. The drop below 7342 makes a strong case that the NZDUSD completed wave b of a flat in late 2010 and is headed for an eventual drop below 6560. A 100% extension at 7191 remains a near term objective.

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

DISCLOSURES

News & Analysis at your fingertips.