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. See our updated Privacy Policy here.

0

Notifications

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

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
Oil - US Crude
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
More View more
NZDUSD Lagging and Anchored to 8000

NZDUSD Lagging and Anchored to 8000

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_nzd-usd_body_nzdusd.png, NZDUSD Lagging and Anchored to 8000

Prepared by Jamie Saettele, CMT

“The NZDUSD is at the midpoint of its July range, which is defined by 8075 and 7860. Until one of these levels gives way, there is little reason to force the issue. In fact, in this low volatility environment, the NZDUSD may spend a good amount of time within the mentioned range. 8030 and 7915 are levels of interest within the range.” It’s noteworthy that the AUDUSD has pushed to its highest level since May 1 while the NZDUSD remains within its range. Divergence between closely related assets is common at important turns (and covered extensively in these pages)

LEVELS: 7840 7860 7925 8030 8075 8120

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

DISCLOSURES