NZD/USD surges on Friday

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"The market should continue to have resistance above and extending all the way to the 0.73 level."
- based on FX Empire )

Pair's Outlook 
As the NZD/USD currency exchange rate rebounded against the resistance cluster below it, from 0.7163 to 0.7133, the rate surged and ended day's trading session at 0.7176. On Friday the Kiwi continues to appreciate against the Greenback, as the currency pair had surged to 0.7209 by 11:15 GMT. There are no resistance levels located on the New Zealand Dollars path against the US Dollar up to the level of 0.7308, where this week's first resistance is located at.

Traders' Sentiment 
Traders are largely bearish on the pair, as 72% of open positions are short on Wednesday. In the meantime, pending orders are 57% long.
© Dukascopy Bank SA
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Actual Topics

Mon, 08 Aug 2016 07:54:48 GMT

EUR/USD fluctuating around 1.11 on Monday morning

The common European currency fell below the monthly PP against the US Dollar on Friday, as the pair even touched the 1.1046 level during Friday's trading session.

Fri, 05 Aug 2016 13:45:05 GMT

USD/CAD stagnant on Friday

"With the Canadian dollar strengthening against the US dollar as oil prices rise above $41, I expect some more weakness for the USD/CAD pair over the coming days and a possible pull back even towards 1.29.''- Alexandros Yfantis (based on investing.com) Pair's Outlook The Greenback fell below the monthly PP at 1.3043 against the Loonie, and the pair almost touched additional support level comprised of

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