FOREX Technical Analysis: NZD/USD Unchanged after Round Trip Day

RELATED QUOTES

SymbolPriceChange
NZDUSD=X0.7053+0.0034

Weekly Bars

FOREX_Technical_Analysis_NZDUSD_Unchanged_after_Round_Trip_Day_body_nzdusd.png, FOREX Technical Analysis: NZD/USD Unchanged after Round Trip Day

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: Bigger picture, the NZDUSD false break higher in early December and subsequent impulsive decline has me intrigued in the short side to begin the year. Near term, a corrective advance may be underway from 8155, in which case a final foray into 8400 wouldn’t be out of the question.

FOREXTrading Strategy: Bigger picture shorts are favored against 8475.

LEVELS: 8285 8316 8341 8396 8460 8476

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3395-0.0026-0.20%
    USDSGD=X
    1.5453-0.0017-0.11%
    EURSGD=X
    1.9669-0.0013-0.07%
    GBPSGD=X
    79.2267-0.094-0.12%
    SGDJPY=X
    5.7925+0.011+0.19%
    SGDHKD=X
    2.9275+0.0079+0.27%
    SGDMYR=X
    9,824.4883+50.9648+0.52%
    SGDIDR=X
    4.8343+0.0107+0.22%
    SGDCNY=X
    1.0320+0.0037+0.36%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,296.60+0.80+0.06%
    GCM16.CMX
    17.67-0.01-0.04%
    SIN16.CMX
    90.73-2.12-2.28%
    ^XAU
    2.25-0.02-0.73%
    HGN16.CMX
    45.07+0.29+0.65%
    CLM16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.32+0.04
    ^FVX
    1.87+0.05
    ^TNX
    2.72+0.05
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.113+0.006+5.61%
    5I0.SI
    0.134+0.003+2.29%
    40E.SI
    0.100.00-1.96%
    5DN.SI
    0.44-0.02-4.35%
    N21.SI
    0.740.00-0.67%
    Y92.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.187+0.017+10.00%
    A55.SI
    1.535+0.115+8.10%
    BAI.SI
    0.755+0.060+8.63%
    5ER.SI
    0.22+0.02+7.32%
    5UZ.SI
    0.113+0.006+5.61%
    5I0.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.295-0.100-25.32%
    BCD.SI
    0.785-0.165-17.37%
    ATL.SI
    0.33-0.03-8.33%
    BFU.SI
    0.144-0.009-5.88%
    M14.SI
    0.17-0.01-5.56%
    AYL.SI