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
More View more
EUR/USD and NZD/USD Break Lower, Which Looks Better

EUR/USD and NZD/USD Break Lower, Which Looks Better

John Kicklighter, Chief Strategist

The headlines and FX volatility picked up this past session; which made key breaks from EURUSD, NZDUSD and a number of other pairs particularly interesting. Yet, we cannot ignore that these appealing technical breaks catalyzed by isolated event risk like renewed uncertainty surrounding Italy's financial health and the RBNZ's rate decision. Absent - and even contradicting a number of these developments - was a material shift in risk-based trends. Yet, that 9-day Dow rally offers up evidence that it subsists on borrowed time. Are these tentative moves tradable and what should we look for moving forward. We discuss this and more in today's video.

How does a Currency War affect your FX trading?

Sign up for John’s email distribution list, here.

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

DISCLOSURES