FOREX Technical Analysis: NZD/USD Registers Sub 8100 Close

RELATED QUOTES

SymbolPriceChange
NZDUSD=X0.6791+0.0026

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
    1.3776-0.0004-0.03%
    USDSGD=X
    1.5332-0.0004-0.03%
    EURSGD=X
    1.9966+0.0013+0.06%
    GBPSGD=X
    79.6792-0.6866-0.85%
    SGDJPY=X
    5.6400+0.00010.00%
    SGDHKD=X
    3.0004+0.0119+0.40%
    SGDMYR=X
    9,929.9541+25.748+0.26%
    SGDIDR=X
    4.7848+0.0082+0.17%
    SGDCNY=X
    1.0019+0.0054+0.54%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,218.60+1.10+0.09%
    GCQ16.CMX
    16.01+0.02+0.13%
    SIN16.CMX
    80.58+1.17+1.47%
    ^XAU
    2.07-0.03-1.19%
    HGN16.CMX
    48.77-0.33-0.67%
    CLN16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.36-0.03
    ^FVX
    1.83-0.02
    ^TNX
    2.63-0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.290.00-1.69%
    N21.SI
    3.89+0.02+0.52%
    Z74.SI
    0.38-0.01-2.56%
    E5H.SI
    0.755+0.015+2.03%
    G13.SI
    1.785-0.025-1.38%
    MC0.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.30+0.03+9.09%
    5VP.SI
    0.56+0.05+8.74%
    L17.SI
    0.11+0.01+7.84%
    AVX.SI
    1.065+0.075+7.58%
    BCY.SI
    0.157+0.008+5.37%
    5AM.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.20-0.03-13.04%
    D6U.SI
    0.225-0.025-10.00%
    BRD.SI
    0.23-0.02-9.80%
    PA3.SI
    0.795-0.085-9.66%
    G41.SI
    0.51-0.01-1.92%
    AWX.SI