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
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
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
Gold
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
GBP/USD
Mixed
USD/JPY
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
More View more
NZD/USD Short Term Channel Break Portends Weakness

NZD/USD Short Term Channel Break Portends Weakness

2016-05-10 17:30:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

NZD/USD Short Term Channel Break Portends Weakness

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Recent NZD/USD comments noted that “NZD/USD continues to turn down sharply at resistance. Near term channel support is roughly .6740/50. Weakness below there would shift focus to .6450.” NZD/USD has broken channel support so focus is towards the mentioned .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.