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. See our updated Privacy Policy here.

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
Subscribe
Please try again
Gold
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
Real Time News
  • Heads Up:🇧🇷 Industrial Production YoY (JUN) due at 12:00 GMT (15min) Expected: 11.8% Previous: 24% https://www.dailyfx.com/economic-calendar#2021-08-03
  • Heads Up:🇧🇷 Industrial Production MoM (JUN) due at 12:00 GMT (15min) Expected: 0% Previous: 1.4% https://www.dailyfx.com/economic-calendar#2021-08-03
  • Do you know how to properly Identify a double top formation? Double tops can enhance technical analysis when trading both forex or stocks, making the pattern highly versatile in nature. Learn more about the double top formation here: https://t.co/t9Flsqcxo9 https://t.co/d90Kp9me0A
  • 🇲🇽 Consumer Confidence (JUL) Actual: 44.3 Previous: 44.3 https://www.dailyfx.com/economic-calendar#2021-08-03
  • 🇲🇽 Consumer Confidence (JUL) Actual: 44.3 Previous: 44.5 https://www.dailyfx.com/economic-calendar#2021-08-03
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.96%, while traders in France 40 are at opposite extremes with 79.08%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/UTedfJSFZu
  • Heads Up:🇲🇽 Consumer Confidence (JUL) due at 11:00 GMT (15min) Previous: 44.5 https://www.dailyfx.com/economic-calendar#2021-08-03
  • Slippage can be a common occurrence in forex trading but is often misunderstood. Understanding how forex slippage occurs can enable a trader to minimize negative slippage, while potentially maximizing positive slippage. Learn about FX slippage here: https://t.co/Blrl0uF2Ct https://t.co/L26tzZspCx
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.39% Silver: 0.26% Gold: -0.14% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/MqxAhumcFl
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.55% 🇦🇺AUD: 0.45% 🇬🇧GBP: 0.24% 🇯🇵JPY: 0.17% 🇪🇺EUR: 0.12% 🇨🇦CAD: -0.05% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/olaJUyX1bT
Forex: NZD/USD Technical Analysis – Testing September Swing Top

Forex: NZD/USD Technical Analysis – Testing September Swing Top

Ilya Spivak, Head Strategist, APAC

To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • Prices are testing resistance in the 0.8435-65 area (Sep 19 high, 38.2% Fib)
  • A break higher initially exposes 0.8550 (50% Fib)
  • Near-term support is at 0.8361 (23.6% Fib)

Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_nzd-usd_body_nzdusd.png, Forex: NZD/USD Technical Analysis – Testing September Swing Top

Daily Chart - Created Using FXCM Marketscope 2.0

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

Contact and follow Ilya on Twitter: @IlyaSpivak

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