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
Mixed
GBP/USD
Bullish
USD/JPY
Bearish
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
Bullish
Bitcoin
Bearish
More View more
Real Time News
  • 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/wk8PAE4uNv
  • Join @ZabelinDimitri 's #webinar at 11:30 PM ET/4:30 AM GMT to find out how geopolitical risk will affect the markets in the week ahead. Register here: https://t.co/hsULxMNOtM https://t.co/29mp0J5bys
  • Commodities Update: As of 03:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.03% Gold: -0.17% Silver: -0.25% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/5vlrajdMNh
  • Over the past 30 days, #NZD, #SEK and the #AUD have been the best performing G10 currencies vs. USD with +1.87%, 1.70% and 1.03% total returns.
  • Forex Update: As of 03:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.18% 🇪🇺EUR: 0.07% 🇨🇦CAD: 0.03% 🇯🇵JPY: -0.03% 🇳🇿NZD: -0.05% 🇦🇺AUD: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/qf00nTj6Hd
  • LIVE NOW: Join Senior Strategist @IlyaSpivak as he discusses the outlook for the financial markets in the week ahead! Register here: https://www.dailyfx.com/webinars/889679267?CHID=9&QPID=917720
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.80%, while traders in France 40 are at opposite extremes with 87.38%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/ajip0jMeD9
  • LIVE IN 30 MIN: Join Senior Strategist @IlyaSpivak as he discusses the outlook for the financial markets in the week ahead! Register here: https://www.dailyfx.com/webinars/889679267?CHID=9&QPID=917720
  • Tune in to @IlyaSpivak 's #webinar at 10:00 PM ET/3:00 AM GMT for insight on the cross market weekly outlook. Register here: https://t.co/E213bTtq5C https://t.co/EhPTrzvjdH
  • Since late July, the economic news flow from Sweden has been under-performing relative to economists’ expectations however there has been some improvement since early October. -Citi #SEK
New Zealand Dollar Resistance at 7320

New Zealand Dollar Resistance at 7320

2011-03-17 13:04:00
Jsaettele,
Share:

Daily Bars

eliottWaves_nzd-usd_body_nzdusd.png, New Zealand Dollar Resistance at 7320

Prepared by Jamie Saettele

The NZDUSD sliced through its corrective channel and 100% extension at 7193 yesterday before rebounding overnight. I do maintain that the larger trend is down but a sharp correction could reach as high as 7322 (former support). Price ideally remains below its latest pivot of 7455. A longer term (although who knows in these markets) objective is at 6800.

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

DISCLOSURES

News & Analysis at your fingertips.