NZD/USD fails at 0.8290

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"We saw the US dollar broadly weaken overnight as this debacle with the US government on their closedown looms, what this meant is we saw the kiwi and the Aussie dollar creep higher."
- OM Financial (based on The New Zealand Herald)

Pair's Outlook

Although daily studies speak in favour of a strong rally (five out of eight are bullish), NZD/USD is moving in the opposite direction, as the weekly pivot point at 0.8290 turned out to be impenetrable. Accordingly, now we may look at 0.8200/0.8191 and 0.8156/41 as the levels that may restore the new Zealand's tendency to appreciate relative to the greenback.

Traders' Sentiment
Market sentiment remains strongly bearish. Currently 72% of all traders expect depreciation of the kiwi against the greenback. Majority of pending orders, however, are in favour of the bulls - 62% of traders intend to go long on the pair.
© Dukascopy Bank SA
Back to articles

Actual Topics

Wed, 02 Oct 2013 07:06:22 GMT

EUR/USD denied by 1.3568/52

EUR/USD did not manage to gain a foothold above 1.3568/52 yesterday, but nonetheless remains bullish, being that none of the nearest supports were violated when the currency pair started to retreat after attaining a new high.

Tue, 01 Oct 2013 15:36:45 GMT

USD/CAD crawls up

"There's been a significant amount of bearish expectations regarding Canadian growth, and overall it's been a little bit more positive recently. The Canadian dollar has had a tendency to outperform."- Societe Generale SA (based on Bloomberg)Pair's OutlookThe currency couple is slowly grinding higher, but intraday may slide down to the 200-day SMA, a support that should remain intact for the

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.