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
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Mixed
Wall Street
Bullish
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Indices Update: As of 08:00, these are your best and worst performers based on the London trading schedule: US 500: 0.78% Wall Street: 0.51% France 40: 0.01% Germany 30: -0.11% FTSE 100: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/iShSJAHcN2
  • Euro Price Forecast: EUR/USD Perched Atop 200-MA with ECB In Focus - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2021/03/09/Euro-Price-Forecast-EURUSD-Perched-Atop-200-MA-with-ECB-In-Focus.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr $EUR $EURUSD https://t.co/louQGcvBI5
  • Traders focus a lot of their energy on spotting the perfect time to enter a trade. While this is important, it is ultimately where traders choose to exit trades that will determine success. Learn about the three types of trading exit strategies here: https://t.co/muYkTNXH7s https://t.co/17PKF2fWMh
  • 🇩🇪 Balance of Trade s.a (JAN) Actual: €22.2B Expected: €16.4B Previous: €16.4B https://www.dailyfx.com/economic-calendar#2021-03-09
  • 🇩🇪 Balance of Trade (JAN) Actual: €14.3B Previous: €15.2B https://www.dailyfx.com/economic-calendar#2021-03-09
  • 🇩🇪 Balance of Trade (JAN) Actual: €14.3B Previous: €14.8B https://www.dailyfx.com/economic-calendar#2021-03-09
  • 🇩🇪 Balance of Trade s.a (JAN) Actual: €22.2B Expected: €16.4B Previous: €16.1B https://www.dailyfx.com/economic-calendar#2021-03-09
  • Brush up your knowledge on #tradewars with this tool from DailyFX research briefly outlining trade-war history dating back to the early 1900s here: https://t.co/ZWaL6laTU5 https://t.co/1gdOjST2dn
  • Heads Up:🇩🇪 Balance of Trade s.a (JAN) due at 07:00 GMT (15min) Expected: €16.4B Previous: €16.1B https://www.dailyfx.com/economic-calendar#2021-03-09
  • Heads Up:🇩🇪 Balance of Trade (JAN) due at 07:00 GMT (15min) Previous: €14.8B https://www.dailyfx.com/economic-calendar#2021-03-09
NZD/USD Could Test Low Before Reversing Sharply

NZD/USD Could Test Low Before Reversing Sharply

Jamie Saettele, CMT, Sr. Technical Strategist

240 Minute Bars

eliottWaves_nzd-usd_body_nzdusd.png, NZD/USD Could Test Low Before Reversing Sharply

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Are you new to FX or curious about your trading IQ?

FOREXAnalysis: Diagonals (wedges) are all the rage at the moment (GBPUSD and EURUSD). A final low for NZDUSD would probably complete a 5th wave diagonal from .8350 and give way to a sharp reversal back to .8350. .8155 is the December low and a level to watch for support.

FOREXTrading Strategy: Looking to buy below .8161 with stop on Friday close under .8100.

LEVELS: .7914 .8052 .8155 .8255 .8315 .8350

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

DISCLOSURES