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
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
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
USD/JPY
Mixed
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
Oil - US Crude
Bearish
Bitcoin
Bearish
More View more
Real Time News
  • Over 3 yards expiring at 1.3000 this week keeps $GBPUSD upside rather contained https://t.co/gOHlWgtQpF
  • LIVE IN 30 MIN: Join Currency Strategist @PaulRobinsonFX as he keeps you updated with the latest movements and trends during the London session for the FX and CFDs Market. Register here: https://www.dailyfx.com/webinars/243785867?CHID=9&QPID=917720
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/10:30 AM GMT for insight on London #FX and #CFD trading. Register here: https://t.co/AoM3UvLtcF https://t.co/w7f9yQwfib
  • The $AUDUSD and $EURUSD downtrend may prolong as traders counterintuitively buy into their descent. Meanwhile, the USD/CAD uptrend may accelerate on rising net-short bets. Get your market update from @ddubrovskyFX here:https://t.co/dlzJ31kf3f https://t.co/4X0tBVglwD
  • RT @GrayConnolly: Jeremy spoke in class today
  • RT @DShahTR: https://t.co/HQKpJtMw5v
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.72%, while traders in France 40 are at opposite extremes with 83.41%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/ueoSLUWKzP
  • Asia’s vast and growing importance to the world economy is not yet matched by the presence of a currency trading center to rival the established order. Get your update on market drivers in Asia from @DavidCottleFX here: https://t.co/E2hqoRdO7q https://t.co/mCZcz5lLpu
  • Commodities Update: As of 08:00, these are your best and worst performers based on the London trading schedule: Silver: 0.32% Gold: -0.14% Oil - US Crude: -0.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/ZiRe0m5CYF
  • Missed today's #AUDUSD weekly outlook webinar? See the recording here - https://t.co/uTgotBaijt Topics discussed included: - #RBA & #FOMC policy meeting minutes - AUD technical analysis - US-China #tradewar - UK election & #Brexit outlook
NZD/USD at Channel’s Center before Central Bank Risk

NZD/USD at Channel’s Center before Central Bank Risk

2016-04-26 16:49:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

NZD/USD at Channel’s Center before Central Bank Risk

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Recent NZD/USD comments noted that “channel resistance is near .7050 over the next few days.” NZD/USD has turned down sharply from the mentioned channel resistance (channel confluence actually). Near term channel support is roughly .6740/50 for the rest of the month. Weakness below there would shift focus to .6450.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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

DISCLOSURES

News & Analysis at your fingertips.