FOREX Technical Analysis: NZD/USD Registers Sub 8100 Close

RELATED QUOTES

SymbolPriceChange
NZDUSD=X0.7150-0.0117

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 Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3506-0.0004-0.03%
    USDSGD=X
    1.4723-0.0005-0.03%
    EURSGD=X
    2.0636-0.0106-0.51%
    GBPSGD=X
    91.9553+0.3784+0.41%
    SGDJPY=X
    5.7410-0.0013-0.02%
    SGDHKD=X
    2.7009+0.0041+0.15%
    SGDMYR=X
    9,782.0312+29.9746+0.31%
    SGDIDR=X
    4.5928+0.0034+0.07%
    SGDCNY=X
    1.0311-0.0133-1.28%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,181.70-4.80-0.40%
    GCQ15.CMX
    16.55-0.10-0.58%
    SIN15.CMX
    68.44-0.31-0.46%
    ^XAU
    2.770.00-0.09%
    HGN15.CMX
    56.91-0.60-1.04%
    CLN15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.530.00
    ^FVX
    2.14+0.01
    ^TNX
    2.89+0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.195+0.020+11.43%
    F13.SI
    0.415-0.010-2.35%
    E5H.SI
    0.335-0.005-1.47%
    AFC.SI
    0.290.000.00%
    5WA.SI
    4.12-0.04-0.96%
    Z74.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.18+0.03+20.00%
    P36.SI
    0.155+0.021+15.67%
    5F4.SI
    0.128+0.014+12.28%
    510.SI
    0.195+0.020+11.43%
    F13.SI
    0.33+0.03+8.20%
    T18.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.192-0.108-36.00%
    AYE.SI
    0.15-0.02-11.76%
    5MQ.SI
    0.31-0.04-11.43%
    AYL.SI
    0.098-0.011-10.09%
    O2I.SI
    1.80-0.20-10.00%
    AYC.SI