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
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
Bullish
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
Oil - US Crude
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
Bitcoin
Bearish
More View more
Real Time News
  • Fascinating read. Highly recommend. https://t.co/ZU71iqJzXe
  • The #Euro has stalled after brief recovery against the US Dollar. The dominant price trend bias continues to favor weakness on the horizon. Get your $EURUSD market update from @IlyaSpivak here:https://t.co/ooJMpdE8xq https://t.co/yT5oj0G82s
  • #USDCHF pivot points (daily) – S3: 0.985, S2: 0.9886, S1: 0.9908, R1: 0.9943, R2: 0.9957, R3: 0.9993- https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • RT @lisaabramowicz1: Hedge-fund firms reported the eighth straight month of client redemptions in October, the longest stretch of withdrawa…
  • RT @KyleR_IG: 2 down, 5 to go. Australia's was poor, this is in-line. Europe's likely the most significant now. A meet, or better yet, beat…
  • Japan’s benchmark #Nikkei 225 stock index may be on course break a three-month uptrend, making good on an early warning signal from the $USDJPY exchange rate. Get your market update from https://t.co/jja7S4b74k
  • 🇯🇵 JPY Nikkei Japan PMI Manufacturing (NOV P), Actual: 48.6 Expected: N/A Previous: 48.4 https://www.dailyfx.com/economic-calendar#2019-11-22
  • USD/CAD Price May Drop, Euro Braces for New Trump EU Trade Probe? $USDCAD #Euro #TradeWars - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2019/11/22/USDCAD-Price-May-Drop-Euro-Braces-for-New-Trump-EU-Trade-Probe.html?CHID=9&QPID=917702 https://t.co/XjHNhX1vcL
  • Heads Up:🇯🇵 JPY Nikkei Japan PMI Manufacturing (NOV P) due at 00:30 GMT (15min), Actual: N/A Expected: N/A Previous: 48.4 https://www.dailyfx.com/economic-calendar#2019-11-22
  • 🇯🇵 JPY National Consumer Price Index Ex-Fresh Food (YoY) (OCT), Actual: 0.4% Expected: 0.4% Previous: 0.3% https://www.dailyfx.com/economic-calendar#2019-11-21
Forex Analysis: NZD/USD Classic Technical Report 11.22.2012

Forex Analysis: NZD/USD Classic Technical Report 11.22.2012

2012-11-22 11:26:00
Ilya Spivak, Sr. Currency Strategist
Share:

Prices are pulling back anew after testing resistance at the underside of a previously broken rising channel set from late May (0.8247).Initial support lines up in the 0.8056-82 area, with a drop below that exposing the 50% Fibonacci retracement at 0.7962. Alternatively, a push above resistance targets a falling trend line at 0.8294.

Forex_Analysis_NZDUSD_Classic_Technical_Report_11.22.2012_body_Picture_1.png, Forex Analysis: NZD/USD Classic Technical Report 11.22.2012

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

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

DISCLOSURES

News & Analysis at your fingertips.