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

RELATED QUOTES

SymbolPriceChange
NZDUSD=X0.7217-0.0046

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 MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.108+0.001+0.93%
    AAJ.SI
    0.173+0.001+0.58%
    N21.SI
    0.83-0.02-2.35%
    Y92.SI
    3.84+0.02+0.52%
    Z74.SI
    0.96+0.01+1.59%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.30+0.05+17.65%
    BKX.SI
    0.124+0.018+16.98%
    5H0.SI
    0.53+0.04+9.28%
    B58.SI
    0.15+0.01+8.70%
    UV1.SI
    0.65+0.05+8.33%
    BJW.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.245-0.030-10.91%
    BLZ.SI
    0.235-0.025-9.62%
    PA3.SI
    0.46-0.04-8.00%
    BFK.SI
    0.21-0.02-6.67%
    I49.SI
    0.30-0.02-6.25%
    BTG.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4200+0.0037+0.26%
    USDSGD=X
    1.5241-0.001-0.07%
    EURSGD=X
    1.7692-0.0056-0.32%
    GBPSGD=X
    79.8090+0.336+0.42%
    SGDJPY=X
    5.4607-0.0137-0.25%
    SGDHKD=X
    3.1206-0.0124-0.40%
    SGDMYR=X
    9,386.3906-45.5908-0.48%
    SGDIDR=X
    4.8271-0.0097-0.20%
    SGDCNY=X
    1.0733-0.0025-0.23%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,211.70-3.90-0.32%
    GCG17.CMX
    17.12-0.07-0.38%
    SIH17.CMX
    91.26+2.58+2.91%
    ^XAU
    2.66+0.02+0.64%
    HGH17.CMX
    52.33+0.96+1.87%
    CLG17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.87-0.07
    ^FVX
    2.40-0.06
    ^TNX
    2.99-0.06
    ^TYX