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
EUR/USD
Mixed
Oil - US Crude
Bullish
Wall Street
Bullish
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • 🇬🇧 Public Sector Net Borrowing (MAY) Actual: £-24.3B Expected: £-26.1B Previous: £-31.7B https://www.dailyfx.com/economic-calendar#2021-06-22
  • Heads Up:🇬🇧 Public Sector Net Borrowing (MAY) due at 06:00 GMT (15min) Expected: £-26.1B Previous: £-31.7B https://www.dailyfx.com/economic-calendar#2021-06-22
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here: https://t.co/vg7w10la3j https://t.co/er7rtWCEP0
  • (Tech Special) Canadian Dollar Outlook: USD/CAD Surge Hits Obstacles, Where to Next? #CAD $USDCAD #Loonie #technicalanalysis https://www.dailyfx.com/forex/technical/article/special_report/2021/06/22/Canadian-Dollar-Outlook-USDCAD-Surge-Hits-Obstacles-Where-to-Next.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/t4jCG9jNkO
  • Hang Seng Tech Index - Bullish MACD Convergence is forming - #HSTECH chart https://t.co/oy6GUjNqvG
  • 🇳🇱 Consumer Confidence (JUN) Actual: -3 Previous: -9 https://www.dailyfx.com/economic-calendar#2021-06-22
  • There are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Learn about the characteristics of each session here: https://t.co/reRmDe1Ksp https://t.co/ZBGVwxip3g
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Gold are long at 87.34%, while traders in France 40 are at opposite extremes with 74.19%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/aQ1Vgos6em
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: -0.07% 🇯🇵JPY: -0.07% 🇨🇦CAD: -0.10% 🇨🇭CHF: -0.15% 🇳🇿NZD: -0.15% 🇦🇺AUD: -0.26% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/ifGQz24uiW
  • Heads Up:🇳🇱 Consumer Confidence (JUN) due at 04:30 GMT (15min) Previous: -9 https://www.dailyfx.com/economic-calendar#2021-06-22
NZD/USD 4th Attempt to Separate from .8200

NZD/USD 4th Attempt to Separate from .8200

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

eliottWaves_nzd-usd_body_Picture_7.png, NZD/USD 4th Attempt to Separate from .8200

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-The NZDUSD remains one of the more compelling longer term bearish possibilities. Consider that…

-The decline from the April high unfolded in 5 waves (impulsive), the advance from the August low is defined by converging lines (pennant, common in bear market advances)

-Action since 9/18 may compose a head and shoulders top.

Trading Strategy: This is the fourth attempt to separate from .8200. It’s unlikely that the market holds this time. A short position is likely after some consolidation (and when the opportunity is offered to add to the AUDUSD position).

LEVELS: .8075 .8133 .8168 | .8225 .8257 .8276

--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

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

DISCLOSURES