News & Analysis at your fingertips.

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.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bullish
Oil - US Crude
Bearish
Wall Street
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
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • Heads Up:🇺🇸 Presidential Debate due at 01:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-09-30
  • Heads Up:🇨🇳 Non Manufacturing PMI (SEP) due at 01:00 GMT (15min) Previous: 55.2 https://www.dailyfx.com/economic-calendar#2020-09-30
  • Heads Up:🇨🇳 NBS Manufacturing PMI (SEP) due at 01:00 GMT (15min) Expected: 51.2 Previous: 51 https://www.dailyfx.com/economic-calendar#2020-09-30
  • What are some key points post the US Presidential debate? Get your key highlights here with @ZabelinDimitri at 10:30PM EST here: https://t.co/XV0y5M8KLT https://t.co/PUTq6kOjxt
  • Although recent polls suggested that Joe Biden is leading, the odds that Donald Trump may again defy the preconceived forecasts still exist. Remember he is Trump. And thus a face-to-face debate is worth traders’ precious time. Live TV show begins in 50 mins.
  • Dow displayed a bearish trading pattern overnight: 7 out of 9 sectors in the red, with 86.7% of the index constituents ending lower. Energy, materials and industrials were among the worst performers, while healthcare and consumer discretionary struggled to hold small gains. https://t.co/hI957NZRLr
  • 🇯🇵 Industrial Production YoY Prel (AUG) Actual: -13.3% Previous: -15.5% https://www.dailyfx.com/economic-calendar#2020-09-29
  • 🇳🇿 ANZ Business Confidence (SEP) Actual: -28.5 Previous: -41.8 https://www.dailyfx.com/economic-calendar#2020-09-30
  • 🇯🇵 Retail Sales YoY (AUG) Actual: -1.9% Expected: -3.5% Previous: -2.8% https://www.dailyfx.com/economic-calendar#2020-09-29
  • Heads Up:🇳🇿 ANZ Business Confidence (SEP) due at 00:00 GMT (15min) Previous: -41.8 https://www.dailyfx.com/economic-calendar#2020-09-30
NZD/USD Technical Analysis: Indecision Seen Above 0.77

NZD/USD Technical Analysis: Indecision Seen Above 0.77

2013-06-25 06:24:00
Ilya Spivak, Head Strategist, APAC
Share:

NZD/USD Technical Analysis– Prices are testing support in the 0.7723-57 area marked by a trend line set from August 2010 and the 50% Fibonacci expansion. A break below that initially targets the 61.8% level at 0.7678. Near-term resistance is at 0.7821, the 38.2% Fib. The appearance of a Doji candlestick points to indecision and hints bearish momentum may be ebbing.

dailyclassics_nzd-usd_body_Picture_10.png, NZD/USD Technical Analysis: Indecision Seen Above 0.77

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