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
Mixed
GBP/USD
Mixed
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
Bearish
Bitcoin
Mixed
More View more
Real Time News
  • - US Dollar may rise with havens vs. NOK and SEK on #coronavirus concerns - #FOMC outlook may push USD higher if officials re-iterate neutral position - BoE rate decision, forecasts could catalyze selloff in GBP/SEK, GBP/NOK https://www.dailyfx.com/forex/fundamental/article/special_report/2020/01/28/US-Dollar-May-Rise-vs-NOK-SEK-on-Coronavirus-Risks-and-FOMC.html
  • LIVE NOW! Senior Currency Strategist @IlyaSpivak discusses the technical and fundamental AUD/USD outlook for the week ahead here - https://www.dailyfx.com/webinars/378612179?CHID=9&QPID=917720
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.42%, while traders in US 500 are at opposite extremes with 67.96%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/afMbBXdsJc
  • LIVE IN 20 MIN: Senior Currency Strategist @IlyaSpivak discusses the technical and fundamental AUD/USD outlook for the week ahead here - https://www.dailyfx.com/webinars/378612179?CHID=9&QPID=917720
  • The $NZD is inching toward support guiding gains in the fourth quarter of 2019. A break may set the stage for long-term bearish trend resumption. Get your market update from @IlyaSpivak here:https://t.co/bnlx4RJ8oV https://t.co/guhzUtlNXP
  • Japan's Government Nominates Seiji Adachi for the Bank of Japan Board -BBG #BoJ
  • Join @IlyaSpivak 's #webinar at 10:00 PM ET/3:00 AM GMT to prepare for the week ahead in trading #AUDUSD Register here: https://t.co/sZNWPVRHA0 https://t.co/ToPfp6pCKf
  • The $USD may rise with USD/IDR, USD/SGD, USD/PHP and USD/MYR as #coronavirus contagion fears hurt emerging markets. The Fed and its repo operations will be closely watched. Get your market update from @ddubrovskyFX here: https://t.co/rPnwmsMlPn https://t.co/1zD4dRlcmK
  • My majors-based #JPY index (average #Yen value vs #USD, #AUD, #GBP and #EUR) continues its upside breakout through falling resistance from September. Early 2020 highs stand in the way as the key upper psychological barrier which if taken out, may spell medium-term Yen gains https://t.co/RXYREqI5wz
  • 🇦🇺 AUD NAB Business Confidence (DEC), Actual: -2 Expected: N/A Previous: 0 https://www.dailyfx.com/economic-calendar#2020-01-28
NZD/USD Classical Technical Report 03.23

NZD/USD Classical Technical Report 03.23

2012-03-23 06:50:00
Joel Kruger, Technical Strategist
Share:
daily_classical_kiwi_body_nzd.png, NZD/USD Classical Technical Report 03.23

NZD/USD: Our bearish outlook in this market is being reaffirmed with the latest pullback and we continue to project deeper setbacks over the coming days and weeks. A fresh lower top now looks to be carving by 0.8290 and only back above 0.8200 would delay and give reason for concern. From here, look for the latest break below 0.8100 to open the next downside extension below 0.8000 over the coming sessions.

--- Written by Joel Kruger, Technical Currency Strategist

To contact Joel Kruger, email jskruger@dailyfx.com. Follow me on Twitter @JoelKruger

To be added to Joel Kruger’s distribution list, send an email with subject line “Distribution List” to jskruger@dailyfx.com

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

DISCLOSURES

News & Analysis at your fingertips.