NZD/USD Limit Buy at 0.7071

Trend: Weekly : Sideways Daily: Sideways Hourly: Bullish Support & Resistance: From current levels, 0.7125, the pair finds initial resistance at 0.7140, followed by 0.7170, and 0.7230. Key support to watch is the 0.7100 followed by 0.7069 level, 0.7000 and 0.6970. Strategy: Near term bias is tilted to the upside. Look to buy on dips [...]

NZD/USD Above 0.7100

The New Zealand Dollar rose against the U.S. Dollar on risk appetite and on better-than-expected building consents. Data rose 5.9% from -2.8%. Although the pair has gained ground, it has been slow to gather pace compared to the Aussie Dollar. Trend: Weekly : Sideways Daily: Sideways Hourly: Sideways Support & Resistance: From current levels, 0.7116, [...]

NZD/USD Limit Sell at 0.7138

Trend: Weekly : Sideways Daily: Sideways Hourly: Bearish Support & Resistance: From current levels, 0.7064, the pair finds initial resistance at 0.7087, followed by 0.7109, and 0.7140. Key support to watch is the 0.7002 where a break of such would open targets to the 0.6987 level, followed by 0.6940 and 0.6900. Strategy: The New Zealand [...]

NZD/USD Limit Sell at 0.7138

Trend: Weekly : Sideways Daily: Sideways Hourly: Bearish Support & Resistance: From current levels, 0.7018, the pair finds initial resistance at 0.7054 (pivot point), followed by 0.7080, and 0.7147. Key support to watch is the 0.7002 where a break of such would open targets to the 0.6987 level, followed by 0.6940 and 0.6900. Strategy: The [...]

NZD/USD Limit Sell at 0.7142

Trend: Weekly : Sideways Daily: Sideways Hourly: Bearish Support & Resistance: From current levels, 0.7054, the pair finds initial resistance at 0.7080, followed by 0.7111, and 0.7147. Key support to watch is the 0.7043 where a break of such would open targets to the 0.7032 level, followed by 0.6987 and 0.6940. Strategy: The New Zealand [...]

NZD/USD Limit Sell at 0.7110

Trend: Weekly : Sideways Daily: Sideways Hourly: Bearish Support & Resistance: From current levels, 0.7046, the pair finds initial resistance at 0.7095, followed by 0.7111, and 0.7147. Key support to watch is the 0.7043 where a break of such would open targets to the 0.7032 level, followed by 0.6987 and 0.6940. Strategy: The New Zealand [...]

NZD/USD First Target Reached at 0.7139

A trade was issued this morning to sell NZD/USD at market, 0.7159, as risk aversion and concerns over Greece were likely to benefit the Dollar. The pair initially decline as of entry, but reversed on us slightly by about 17 points before falling to reach the first target. Stops should now be at breakeven,  targeting [...]

*Update – NZD/USD Limit Sell at 0.7068

*Update – see comments below The New Zealand Dollar is mixed on Tuesday as market sentiment is in a constant shift. The pair is mixed in the near term, but overall bias should be for USD gains ahead of the FOMC decision. A possible hawkish FED should help strengthen the Dollar. NZD/USD trades within a [...]

Next Page »