Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: AUD/NZD capped at 50-DMA, break below 1.0520 to see further downside

AUD/NZD chart - Trading View 

AUD/NZD is trading 0.29% lower on the day at 1.0520 at 07:25 GMT.

The pair failed to break stiff resistance at 50-DMA and is extending weakness for the 2nd straight session.

Technical analysis support further downside for the pair. 5-DMA has turned, RSI is below 50 and biased lower. 

The pair is holding strong trendline support at 1.0520. Break below cloud will open up further downside.

Next major bear target below 1.05 (lower BB) lies at 1.0433 (Dec 10, 2018 low). 

Break above 50-DMA could see further upside. Gains till 200-DMA at 1.0604 likely. Bearish invalidation only above 200-DMA.

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
 

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 774175774175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 774175774175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 785995785995m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 774175774175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 785995785995m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 774175774175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 774175774175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 774175774175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.