FOREX Technical Analysis: NZD/USD Registers Sub 8100 Close

RELATED QUOTES

SymbolPriceChange
NZDUSD=X0.7190+0.0013

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
    0.164-0.002-1.20%
    N21.SI
    0.162+0.017+11.72%
    40E.SI
    1.025+0.045+4.59%
    G13.SI
    0.094-0.007-6.93%
    5I0.SI
    0.44+0.01+2.33%
    E5H.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.162+0.017+11.72%
    40E.SI
    0.525+0.050+10.53%
    43F.SI
    0.45+0.04+9.76%
    BJV.SI
    0.34+0.03+9.68%
    P9D.SI
    0.13+0.01+9.24%
    O9E.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.485-0.100-17.09%
    L5I.SI
    0.198-0.037-15.74%
    40D.SI
    0.37-0.04-9.76%
    BLL.SI
    0.285-0.030-9.52%
    BFU.SI
    0.215-0.020-8.51%
    AWI.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4160-0.0008-0.06%
    USDSGD=X
    1.5244+0.0006+0.04%
    EURSGD=X
    1.7912+0.0035+0.20%
    GBPSGD=X
    80.2120+0.023+0.03%
    SGDJPY=X
    5.4751+0.0023+0.04%
    SGDHKD=X
    3.12910.000.00%
    SGDMYR=X
    9,437.9658-2.0742-0.02%
    SGDIDR=X
    4.8551+0.0024+0.05%
    SGDCNY=X
    1.0613+0.0008+0.08%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,172.60-2.40-0.20%
    GCZ16.CMX
    17.12-0.08-0.48%
    SIZ16.CMX
    82.57+0.42+0.51%
    ^XAU
    2.640.00+0.11%
    HGZ16.CMX
    49.96+0.19+0.38%
    CLF17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.80-0.04
    ^FVX
    2.35-0.05
    ^TNX
    3.03-0.05
    ^TYX