FOREX Technical Analysis: NZD/USD Registers Sub 8100 Close

RELATED QUOTES

SymbolPriceChange
NZDUSD=X0.7159+0.0028

Daily Bars

FOREX_Technical_Analysis_NZDUSD_Registers_Sub_8100_Close_body_nzdusd.png, FOREX Technical Analysis: NZD/USD Registers Sub 8100 Close

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: “The NZDUSD traded to its lowest level since mid-September and more importantly traded below the October low. The drop below the 10/23 low confirms a secondary top (wave B or 2) at 8309. Trendline supports have been cleanly broken as well.”

FOREXTrading Strategy: “Focus is lower towards at least the 100% extension at 8054 although the 161.8% is of particular interest due to its proximity to the September low near 7900. Risk on shorts is moved down to 8205 and resistance is now 8123/56.”

LEVELS: 7914 8011 8054 8123 8156 8202

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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.115+0.013+12.75%
    40F.SI
    0.174+0.002+1.16%
    N21.SI
    0.106+0.004+3.92%
    AAJ.SI
    0.199+0.014+7.57%
    DU4.SI
    0.182-0.002-1.09%
    40E.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.169+0.044+35.20%
    5PI.SI
    0.115+0.013+12.75%
    40F.SI
    0.60+0.05+9.09%
    BQP.SI
    0.152+0.012+8.57%
    A04.SI
    0.199+0.014+7.57%
    DU4.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.19-0.03-15.56%
    BTJ.SI
    0.38-0.07-15.56%
    AYB.SI
    0.445-0.075-14.42%
    E8Z.SI
    0.181-0.029-13.81%
    BCV.SI
    0.10-0.02-13.04%
    42L.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4293+0.0005+0.03%
    USDSGD=X
    1.5154-0.0035-0.23%
    EURSGD=X
    1.7577+0.006+0.34%
    GBPSGD=X
    80.6630+0.51+0.64%
    SGDJPY=X
    5.4255-0.0005-0.01%
    SGDHKD=X
    3.1136-0.0216-0.69%
    SGDMYR=X
    9,389.5703+20.7656+0.22%
    SGDIDR=X
    4.8047+0.0211+0.44%
    SGDCNY=X
    1.0776+0.0046+0.43%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,196.20-15.90-1.31%
    GCG17.CMX
    16.76-0.51-2.95%
    SIH17.CMX
    86.66-1.31-1.49%
    ^XAU
    2.610.00-0.19%
    HGH17.CMX
    51.63+0.55+1.08%
    CLG17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.97+0.09
    ^FVX
    2.46+0.08
    ^TNX
    3.03+0.05
    ^TYX