NZD/USD remains silent

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"Once the U.S. fiscal negotiations are resolved, we expect that the U.S. dollar will strengthen against developed market peers on better growth and higher interest rate differentials. But until [then], we expect the U.S. dollar to remain under some pressure." 
- Credit Agricole (based on MarketWatch)

Pair's Outlook

Similarly to AUD/USD, this particular currency pair is trading sideways and does not demonstrate any strong signals for now. According to technical indicators, we may anticipate continuation of a long-term up-trend, but the price has repeatedly failed at 0.8476/53, which biases towards a belief that if NZD/USD is to climb higher, it should happen after one-two months.

Traders' Sentiment
Being that on average attitude towards the NZD is negative (bough in 31% of cases) and towards the USD is positive (bought in 62% of cases), there is a pronounced advantage of bears in NZD/USD, who take up 73% of the market, over bulls (27%). Orders currently do not suggest a specific scenario, as the ratio between buy and sell orders is 55% to 45%, respectively.
© Dukascopy Bank SA
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Actual Topics

Thu, 17 Jan 2013 08:19:24 GMT

EUR/USD postures for further rally

It seems that pair has received a bullish impetus and is planning to resume its  last weeks rally after a bearish correction which took place in the first part of this week. 

Wed, 16 Jan 2013 17:17:48 GMT

USD/CAD briefly returns to 0.9884/80

Even though the up-trend support has been eroded, the pair hesitates to extend the dip and is now re-testing the bullish trend-line from below.

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