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
Mixed
USD/JPY
Bearish
Gold
Mixed
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
Bitcoin
Mixed
More View more
Real Time News
  • There's always a bull market somewhere? Oct 2018 - 10y yield at 3.25% Feb 2019, a year ago, 10y at 2.7% This morning the 10y touched down for a test of the all-time-low at 1.33% Rates come at ya fast https://t.co/N7yqi0AMAM
  • Forex Update: As of 15:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.56% 🇯🇵JPY: 0.56% 🇨🇭CHF: 0.27% 🇪🇺EUR: 0.04% 🇦🇺AUD: -0.09% 🇳🇿NZD: -0.27% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/voDtKYTgzL
  • $EURUSD threatening a deeper reversal as an ascending triangle has built, short-term. Get your EUR/USD technical analysis from @JStanleyFX here: https://t.co/qmGzD3rbOZ
  • Indices Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.37% US 500: -0.42% Germany 30: -1.26% France 40: -1.36% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/zQL4nNXJsy
  • $SPX < 3,200
  • Commodities Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Gold: -0.48% Oil - US Crude: -1.02% Silver: -1.49% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/fuN1JsPmS0
  • $EURUSD resistance has held thus far. But higher-lows coming in, setting up an ascending triangle this is similar to the backdrop in USD in early-Jan, just before the bullish reversal came in - discussed here at the time https://www.dailyfx.com/forex/market_alert/2020/01/07/correction-conundrum-in-the-us-dollar-eur-usd-usd-cad-aud-usd-js57.html https://t.co/uze2m6I5y7
  • 🇺🇸 USD Consumer Confidence Index (FEB), Actual: 130.7 Expected: 132.2 Previous: 130.4 https://www.dailyfx.com/economic-calendar#2020-02-25
  • Taking this morning's Consumer Confidence report with a grain of salt... initial survey data chopped off on the 18th of every month...
  • 🇺🇸 USD Conf. Board Present Situation (FEB), Actual: 165.1 Expected: N/A Previous: 173.9 https://www.dailyfx.com/economic-calendar#2020-02-25
NZD/USD Classical 02.23

NZD/USD Classical 02.23

2011-02-23 07:14:00
Joel Kruger, Technical Strategist
Share:
NZDUSD_Classical_body_nzd2.png, NZD/USD Classical 02.23

NZD/USD:Rallies continue to be very well capped above 0.7800 and the market has once again stalled out above the figure in favor of yet another bearish reversal. From here, we see risks for additional declines towards 0.7300 over the coming sessions, with any intraday rallies expected to be well capped ahead of 0.7600. Tuesday’s daily close below 0.7500 should accelerate declines.

Written by Joel Kruger, Technical Currency Strategist for DailyFX.com

If you wish to receive Joel's reports in a more timely fashion, e-mail jskruger@dailyfx.com and you will be added to the "distribution" list.

If you wish to discuss this topic or any other feel free to visit our Forum page

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

DISCLOSURES

News & Analysis at your fingertips.