FOREX Technical Analysis: NZD/USD Unchanged after Round Trip Day

By Jamie Saettele, CMT | DailyFX – Wed, Jan 9, 2013 10:11 AM SGT

Companies:

RELATED QUOTES

SymbolPriceChange
NZDUSD=X0.8174-0.00

Weekly Bars

FOREX_Technical_Analysis_NZDUSD_Unchanged_after_Round_Trip_Day_body_nzdusd.png, FOREX Technical Analysis: NZD/USD Unchanged after Round Trip Day

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: Bigger picture, the NZDUSD false break higher in early December and subsequent impulsive decline has me intrigued in the short side to begin the year. Near term, a corrective advance may be underway from 8155, in which case a final foray into 8400 wouldn’t be out of the question.

FOREXTrading Strategy: Bigger picture shorts are favored against 8475.

LEVELS: 8285 8316 8341 8396 8460 8476

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Market Data

  • Currencies
    NamePriceChange% Chg
    1.2572-0.00-0.05%
    USDSGD=X
    1.6134-0.00-0.10%
    EURSGD=X
    1.9071-0.00-0.04%
    GBPSGD=X
    82.05930.35+0.43%
    SGDJPY=X
    6.1642-0.04-0.68%
    SGDHKD=X
    2.4038-0.00-0.15%
    SGDMYR=X
    7,760.8999-33.50-0.43%
    SGDIDR=X
    4.8886-0.03-0.62%
    SGDCNY=X
    1.2233-0.00-0.05%
    AUDSGD=X
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  • Commodities
    NamePriceChange% Chg
    1,358.30-28.60-2.06%
    GCM13.CMX
    22.18-0.53-2.32%
    SIU13.CMX
    97.49-3.30-3.28%
    ^XAU
    3.320.03+0.77%
    HGN13.CMX
    96.020.86+0.90%
    CLM13.NYM
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    TreasuryYield (%)Yield Change
    0.830.06
    ^FVX
    1.950.08
    ^TNX
    3.160.08
    ^TYX
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MARKET MOVERS

  • Most Actives
    NamePriceChange% Chg
    0.109-0.00-1.80%
    5RJ.SI
    0.580.00+0.00%
    E5H.SI
    0.3950.07+21.54%
    M9F.SI
    1.06-0.02-1.40%
    N21.SI
    0.670.00+0.00%
    Y92.SI
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  • % Gainers
    NamePriceChange% Chg
    0.250.04+19.05%
    5MQ.SI
    0.6250.09+16.82%
    I06.SI
    0.3950.07+21.54%
    M9F.SI
    0.720.06+9.09%
    5VJ.SI
    0.7350.07+10.53%
    A26.SI
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  • % Losers
    NamePriceChange% Chg
    0.11-0.01-8.33%
    5QZ.SI
    0.112-0.01-5.88%
    B64.SI
    0.21-0.01-4.55%
    O2I.SI
    0.70-0.03-4.11%
    L5I.SI
    0.12-0.01-4.00%
    588.SI
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