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
Bullish
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
Mixed
Bitcoin
Bearish
More View more
Real Time News
  • LIVE NOW: Join Senior Currency Strategist @CVecchioFX as he reviews key event risk in the week ahead and help strategize how to approach FX markets. Register here: https://www.dailyfx.com/webinars/390818203?CHID=9&QPID=917720
  • Join @MBForex 's at 8:30 AM ET/1:30 PM GMT for his weekly #scalping #webinar Register here: https://t.co/VAnAfZU02T https://t.co/f8eyTSjXQK
  • RT @lisaabramowicz1: The combined balance sheet of the Fed, ECB, PBOC and BOJ rose in October by the most since last December: @TheTerminal…
  • LIVE IN 30 MIN: Join Senior Currency Strategist @CVecchioFX as he reviews key event risk in the week ahead and help strategize how to approach FX markets. Register here: https://www.dailyfx.com/webinars/390818203?CHID=9&QPID=917720
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.64%, while traders in US 500 are at opposite extremes with 79.54%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/IA51JdDUFm
  • LIVE NOW: Join Analyst @nickcawley1 as he discusses the outlook for UK financial markets in the week ahead! Register here: https://www.dailyfx.com/webinars/614330707?CHID=9&QPID=917720
  • Tune in to @CVecchioFX 's #webinar at 7:30 AM ET/12:30 AM GMT to prepare for major event risk in the week ahead. Register here: https://t.co/d5MAOTwJAg https://t.co/LMD8T4RmDb
  • Commodities Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -0.31% Gold: -0.61% Silver: -1.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/OupsrU95XB
  • Forex Update: As of 11:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.48% 🇪🇺EUR: 0.07% 🇨🇦CAD: -0.01% 🇨🇭CHF: -0.06% 🇦🇺AUD: -0.16% 🇯🇵JPY: -0.25% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/BSgv4brAkS
  • Trade conflict is clearly awful for the broad world economy, but some countries are already benefiting from it. More stand to do so. Spotting them early could be profitable. Get your update on the #tradewar from @DavidCottleFX here: https://t.co/og0VAPAqwm https://t.co/eYpIISpKPe
NZD/USD Pressuring Range Lows

NZD/USD Pressuring Range Lows

2014-05-27 18:43:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

NZD/USD Pressuring Range Lows

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“Don’t forget about the line that extends off of the 1996 and 2007 highs. That line crosses through the 2008 and 2011 highs as well. In 2011 (record free float high), the rate surged through the line in late July before topping on August 1st.” That line on the chart is the dashed line and the rate reversed from there last week. This is a great way to make a top.

-RSI (daily) exhibits divergence and the indicator is below 70 (at the peak). The break of .8600 suggests that the rate has topped. That level (.8600) is now resistance. .8500/16 is a reaction level and a break targets .8430s.

LEVELS: .8438 .8456 .8516 | .8563 .8583 .8609

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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

DISCLOSURES

News & Analysis at your fingertips.