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.

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
Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
Free Trading Guides
Subscribe
Please try again
EUR/USD
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
News
EURUSD and S&P 500 Break Lower to End the Week, VIX Ready to Blow
2021-01-18 00:00:00
Euro Forecast: EUR/USD Week Ahead Outlook Poor, ECB Meeting in Focus
2021-01-17 01:00:00
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
News
Crude Oil Technical Outlook: Pullback at Hand Before Next Leg Higher?
2021-01-17 04:00:00
Crude Oil Prices In Focus Amid Fears of Falling Demand
2021-01-15 15:00:00
Wall Street
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
News
Dow, Hang Seng, ASX 200 Outlook: China Q4 GDP, Stronger USD in Focus
2021-01-18 01:00:00
Dow, Nasdaq, S&P 500 Outlook: Earnings May Bring Positive Surprises
2021-01-17 13:00:00
Gold
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
News
Markets Week Ahead: Russell 2000, S&P 500, Gold, USD, Biden Stimulus, Earnings, ECB
2021-01-17 16:00:00
Weekly Fundamental Gold Price Forecast: Lacking Luster, a Turning Point Arrives
2021-01-17 15:00:00
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
News
Sterling (GBP) Weekly Forecasts: GBP Supported by Covid Vaccination Hopes
2021-01-16 22:00:00
GBP/USD Weekly Forecast: GBP/USD Rally Out of Steam?
2021-01-15 16:00:00
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
News
Japanese Yen Technical Forecast: USD/JPY Triangle Builds into Wedge
2021-01-16 16:00:00
USD/JPY Forecast: Yen Pushes Back After Jerome Powell’s Interview
2021-01-15 12:53:00
More View more
Real Time News
  • Singapore non-oil exports (NODX) in Dec surged 6.8% YoY, reversing a two-month decline and smashing a 0.3% forecast.
  • Alberta Premier Kenny says concerned about report that the incoming Biden administration may repeal presidential permit for Keystone XL border crossing next week https://t.co/dz8tKfMHHh
  • $CAD soft early on as President-Elect Joe Biden is reportedly planning to cancel the Keystone XL pipeline permit via executive action on his 1st day in office
  • Wall Street Futures Update: Dow Jones (-0.11%) S&P 500 (-0.233%) Nasdaq 100 (-0.299%) [delayed] -BBG
  • This week ahead, around 9% of the S&P 500 companies will release their results, including BoA, Goldman Sachs, Netflix, P&G, Morgan Stanley, IBM and Intel. So far in the earnings season, 85% of the S&P 500 companies have beaten forecasts. Read more: https://www.dailyfx.com/forex/fundamental/forecast/weekly/title/2021/01/17/Dow-Nasdaq-SP-500-Outlook-Earnings-May-Bring-Positive-Surprises.html
  • Trading Forex is not a shortcut to instant wealth, excessive leverage can magnify losses, and sentiment is a powerful indicator. Learn about these principles in depth here: https://t.co/lZFM8youtX https://t.co/5rPIUGEiim
  • The S&P 500 continues to trend higher within the confines of an upward channel, and as long as it stays above the lower parallel of the pattern then it remains positioned for higher prices. Get your market update from @PaulRobinsonFX here: https://t.co/UTMZe8jhEF https://t.co/gAzO9hufEi
  • China 4Q GDP is expected to register an annualized growth rate of 6.1%, marking a robust recovery from the Covid-19 pandemic. Look ahead, China’s economic growth may accelerate further to 8-9% in 2021 partly due to a lower base in 2020. https://t.co/RO7s7Mqj2p
  • 5 out of 9 Dow Jones sectors ended lower, with 90% of the index’s constituents closed in the red. Energy (-3.56%), industrials (-1.18%) and consumer staples (-0.41%) were among the worst performers, whereas communication services (+0.15%) and healthcare (+0.10%) outperformed. https://t.co/FiiOpNACyU
  • The Dollar’s first major counteroffensive since September takes the index more than 1.6% off the monthly low. Here are the levels that matter on the DXY technical chart. Get your market update from @MBForex here: https://t.co/hVshzMbc31 https://t.co/7oZkhDSray
NZDUSD Clean Corrective Channel and Continuation Opportunity

NZDUSD Clean Corrective Channel and Continuation Opportunity

2012-09-20 22:32:00
Jamie Saettele, CMT, Sr. Technical Strategist

240 Minute Bars

eliottWaves_nzd-usd_body_nzdusd.png, NZDUSD Clean Corrective Channel and Continuation Opportunity

Prepared by Jamie Saettele, CMT

“The NZDUSD correction is well underway and I’m on the lookout for a low.” A low may be in place now as the NZDUSD found bottom Thursday at the confluence of congestion from 9/12 and 9/13, the 8/6 high (spike below), and corrective channel (a-b-c zigzag pattern). Price held the 10 day average as well, testing it for the first time since breaking above on 9/7. Exceeding 8302 would increase confidence that the next bull leg is underway towards 8470 and 8570. Near term support is 8265.

LEVELS: 8185 8223 8265 8304 8353 8470

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

DISCLOSURES

Related Articles

NZDUSD Elliott Wave Analysis: Triangle Takes Over
NZDUSD Elliott Wave Analysis: Triangle Takes Over
2019-02-13 20:14:00
NZDUSD Elliott Wave Analysis: Bullish Impulse Suggests More Upside
NZDUSD Elliott Wave Analysis: Bullish Impulse Suggests More Upside
2018-11-15 20:16:00
NZD/USD Elliott Wave Analysis: Fourth Wave Close to Terminating
NZD/USD Elliott Wave Analysis: Fourth Wave Close to Terminating
2017-12-20 21:30:00
NZD/USD Elliott Wave Analysis: Temporary Relief Rallies
NZD/USD Elliott Wave Analysis: Temporary Relief Rallies
2017-11-07 01:25:00
Advertisement

Rates

NZD/USD
Bullish