FOREX Technical Analysis: NZD/USD Registers Sub 8100 Close

RELATED QUOTES

SymbolPriceChange
NZDUSD=X0.6651-0.0027

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
    1.3558+0.0071+0.53%
    USDSGD=X
    1.4860-0.0051-0.34%
    EURSGD=X
    2.0935-0.0111-0.53%
    GBPSGD=X
    90.3090-0.5603-0.62%
    SGDJPY=X
    5.7204-0.0278-0.48%
    SGDHKD=X
    2.8244-0.0118-0.41%
    SGDMYR=X
    9,854.3379+1.876+0.02%
    SGDIDR=X
    4.5719-0.0314-0.68%
    SGDCNY=X
    1.0079-0.0037-0.36%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,153.20-20.00-1.70%
    GCQ15.CMX
    14.97-0.78-4.97%
    SIU15.CMX
    60.71-2.79-4.39%
    ^XAU
    2.45-0.08-3.33%
    HGU15.CMX
    51.97-0.56-1.07%
    CLQ15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.52-0.03
    ^FVX
    2.23-0.05
    ^TNX
    3.02-0.05
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.163-0.009-5.23%
    5GB.SI
    0.30+0.01+1.69%
    5WA.SI
    0.7150.0000.00%
    N21.SI
    0.164-0.004-2.38%
    5DN.SI
    2.51-0.01-0.40%
    MC0.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.18+0.03+16.13%
    P07.SI
    0.60+0.07+13.21%
    L5I.SI
    0.345+0.040+13.11%
    528.SI
    0.235+0.025+11.90%
    5OY.SI
    0.24+0.02+11.63%
    AZW.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.70-0.33-32.04%
    AXL.SI
    0.47-0.13-21.01%
    AWK.SI
    0.25-0.05-16.67%
    PA3.SI
    0.182-0.028-13.33%
    AZR.SI
    0.111-0.010-8.26%
    510.SI