Menu

Search

  |   Technicals
Become a contributor

Menu

  |   Technicals

Search

Ads by AdKrypto

FxWirePro: USD/THB back below 31.30 mark, stay bearish

FxWirePro: Silver trades in narrow range, stay bullish only above $15.62 mark

FxWirePro: EUR/USD bears in full control despite weak US economic data dip till 1.12150 is possible

FxWirePro: Silver remains well supported below $15.70 mark, good to sell on rallies

FxWirePro: Singapore dollar remains almost unchanged after GDP data, further sideways movement likely

FxWirePro: Chinese yuan falls in early Asia on the back of lower than expected CPI, PPI data

FxWirePro: USD/ZAR stabilizes above 14.00 mark, faces immediate resistance at 14.27 mark

FxWirePro:S&P500 trades higher for fourth consecutive day on US-China trade optimism, jump till 2820 likely

FxWirePro: FTSE100 hits 2-1/2 month high following footsteps of global market, jump till 7314 likely

FxWirePro: EUR/GBP’s Bears Dance as per RSI Divergence But Major Trend Still Imminent – Trade Ratio Spread

FxWirePro: EUR/CAD slips below 78.6% Fib at 1.4944, bias lower, stay short

FxWirePro: USDCHF Daily Outlook

FxWirePro: FTSE100 holds above 7200 level, jump till 7314 likely

FxWirePro: AUD/NZD resumes weakness after rejection at 21-EMA, stay short

FxWirePro: GBP/NZD breaks below 50-DMA, hits 4-week lows, good to go short on upticks

FxWirePro:USD/CAD recovers from 1-week low on broad based US dollar buying, good to buy on dips

FxWirePro: EUR/NZD Trade Idea

FxWirePro: NZD/USD holds above 0.68 handle, weakness only below 200-DMA

Wednesday, January 16, 2019 5:53 AM UTC
0
comments

NZD/USD chart on Trading View used for analysis

  • NZD/USD is trading in a narrow range on the day, holds above 0.68 handle.
     
  • The major is extending consolidation above 200-DMA, momentum remains bullish.
     
  • Antipodeans resilient on fresh monetary and fiscal stimulus measures announced by China. 
     
  • Momentum with the bulls. Stochs and RSI are biased higher. Scope for test of 0.69 handle ahead of 0.6969 (Dec 4th high).
     
  • On the flipside, 5-DMA is immediate support at 0.6815. Retrace below 200-DMA will see weakness.

Support levels - 0.6814 (5-DMA), 0.6792 (200-DMA), 0.6777 (21-EMA)

Resistance levels - 0.6861 (Upper BB), 0.6909 (50% Fib), 0.6945 (Trendline), 0.6969 (Dec 4th high)

Call update: Our previous call (https://www.econotimes.com/FxWirePro-NZD-USD-breaks-above-200-DMA-focus-on-US-CPI-data-for-further-impetus-1483077) is progressing well.

Recommendation: Stay long for targets. 

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

Ads by AdKrypto

Editor's Picks

Can robots be ‘money doctors’?

I ran 100 miles in a day, this is what happened to my body

Why life insurance companies want your Fitbit data

Five hangover cures, reviewed by experts

Vegan dogs: should they go meat free?

Insatiable: an unhelpful portrayal of binge-eating disorder
Ads by AdKrypto
  • ET PRO
  • Market Data

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

2019-02-15 21:09:15
0m
GERMAN DEFENSE MINISTER URSULA VON DER LEYEN SAYS EUROPE WORKING ON WAYS TO CONTINUE DEFENSE COOPERATION WITH UK IN EVENT OF BREXIT - DEUTSCHE WELLE
2019-02-15 21:08:45
0m
FITCH ON RUSSIA SAYS THE PROSPECT OF HARSHER ADDITIONAL U.S. SANCTIONS REMAINS HIGH
2019-02-15 21:08:35
0m
FITCH SAYS RUSSIA'S POSITIVE OUTLOOK REFLECTS CONTINUED PROGRESS IN STRENGTHENING ECONOMIC POLICY FRAMEWORK UNDERPINNED BY MORE FLEXIBLE EXCHANGE RATE
2019-02-15 21:08:29
0m
CORRECT: FITCH AFFIRMS AZERBAIJAN AT 'BB+'; OUTLOOK STABLE
2019-02-15 21:08:15
0m
FITCH AFFIRMS RUSSIA AT 'BBB-'; POSITIVE OUTLOOK
2019-02-15 21:07:54
0m
DOW, NASDAQ CLIMB FOR EIGHTH STRAIGHT WEEK
2019-02-15 21:04:45
0m
FOR THE WEEK, THE S&P ROSE 2.5 PCT, THE DOW GAINED 3.1 PCT, THE NASDAQ CLIMBED 2.4 PCT
2019-02-15 21:00:29
0m
BRAZIL'S BOVESPA CLOSED AT 97,525.91, DOWN -0.50%
2019-02-15 21:00:25
0m
CANADA'S S&P/TSX COMPOSITE CLOSED AT 15,844.94, UP +0.95%
2019-02-15 21:00:23
0m
NASDAQ UNOFFICIALLY CLOSES UP 45.38 POINTS, OR 0.61 PERCENT, AT 7,472.34
2019-02-15 21:00:16
0m
S&P 500 UNOFFICIALLY CLOSES UP 29.81 POINTS, OR 1.09 PERCENT, AT 2,775.54
2019-02-15 21:00:10
0m
DOW JONES UNOFFICIALLY CLOSES UP 442.91 POINTS, OR 1.74 PERCENT, AT 25,882.30
2019-02-15 21:00:08
0m
UNITED STATES DEC 2018 NET L-T FLOWS,INCL.SWAPS DECREASE TO -66.6 USD VS PREV 19.1 USD (REVISED FROM 25.3 USD)
2019-02-15 21:00:06
0m
UNITED STATES DEC 2018 OVERALL NET CAPITAL FLOWS DECREASE TO -33.1 USD VS PREV 32.1 USD (REVISED FROM 31 USD)
2019-02-15 21:00:04
0m
UNITED STATES DEC 2018 FOREIGN BUYING, T-BONDS DECREASE TO -77.4 USD VS PREV -13.2 USD (REVISED FROM -9.3 USD)
2019-02-15 21:00:02
0m
UNITED STATES DEC 2018 NET L-T FLOWS,EXSWAPS DECREASE TO -48.3 USD VS PREV 32 USD (REVISED FROM 37.6 USD)
2019-02-15 20:23:34
0m
CFTC-SPECULATORS TRIM CBOT US 10-YEAR TREASURY FUTURES NET SHORT POSITION BY 74,432 CONTRACTS TO 125,752 IN WEEK ON JANUARY 22
2019-02-15 20:23:24
0m
CFTC-SPECULATORS TRIM CBOT US 2-YEAR TREASURY FUTURES NET SHORT POSITION BY 8,764 CONTRACTS TO 258,445 IN WEEK ON JANUARY 22
2019-02-15 20:22:52
0m
CFTC-SPECULATORS INCREASE CBOT US ULTRABOND TREASURY FUTURES NET SHORT POSITION BY 31,600 CONTRACTS TO 313,532 IN WEEK ON JANUARY 22
2019-02-15 20:22:06
0m
CFTC-SPECULATORS INCREASE CBOT US ULTRABOND TREASURY FUTURES NET SHORT POSITION BY 31,600 CONTRACTS TO 313,532 IN WEEK ON JANUARY 22
Ads by AdKrypto
Most Popular
1

FxWirePro:USD/CAD Trade Idea

2

FxWirePro: EUR/USD bears in full control despite weak US economic data dip till 1.12150 is possible

3

FxWirePro: USD/ZAR stabilizes above 14.00 mark, faces immediate resistance at 14.27 mark

4

FxWirePro: EUR/GBP’s Bears Dance as per RSI Divergence But Major Trend Still Imminent – Trade Ratio Spread

5

Snapshot on Intricacies of Ethereum-Based JPM Coin

6

FxWirePro:USD/CAD hits 1-week high on weak Canadian manufacturing sales, good to buy on dips

7

FxWirePro: Silver trades in narrow range, stay bullish only above $15.62 mark

8

Hungarian core inflation to remain above 3 pct in months ahead, NBH to start monetary tightening in April-May

9

Europe Roundup: Sterling steadies on upbeat UK retail sales, euro slumps as EZ trade surplus shrinks, European shares surge - Friday, February 15th, 2019

10

FxWirePro: FTSE100 holds above 7200 level, jump till 7314 likely

Economics Monitor

February 15 21:00 UTC Released

UST Flows,Incl.Swaps

Actual

-66.6 Bln USD

Forecast

Previous

25.3 Bln USD

February 15 21:00 UTC Released

USOverall Net Capital Flows

Actual

-33.1 Bln USD

Forecast

Previous

31 Bln USD

January 31 00:00 UTC 549073549073m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 549073549073m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 560893560893m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 549073549073m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 560893560893m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 549073549073m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 549073549073m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 549073549073m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

EconoTimes
Ads by AdKrypto
Close

Welcome to EconoTimes

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