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Nzd/usdTitle:
Dukascopy Afternoon Forex Overview : 01/05/2012
Fundamental Analysis
EUR
Anti-austerity protestors are likely to hold massive demonstrations in May Day. Demonstrations in Athens that involve private and public sector strikes have already disrupted the public transport. However, the traditional violence is not expected as Greeks are likely to show their protest against austerity measures on Sunday when the general elections are due.
USD
Crude and Brent oil dropped as lifted US energy inventories outweighed supply concerns caused by export disruptions in Yemen, Sudan and North Sea.
GBP
Manufacturing sector in the UK performed worse than initially expected in April, reported research group Markit. UK's manufacturing PMI declined to 50.5 last month on a seasonally adjusted basis as compared to a March reading of 52.1. Experts ...
Title:
Forex Technical Analysis : 05/01/2012
- Forex Technical Analysis : 05/01/2012 -
(Timeframes: 30 minutes)
USD/CAD Technical Analysis
AUD/USD Technical Analysis
NZD/USD Technical Analysis
GBP/USD Technical Analysis
EUR/USD Technical Analysis
GBP/JPY Technical Analysis
EUR/CHF Technical Analysis
EUR/JPY Technical Analysis
EUR/GBP Technical Analysis
USD/CHF Technical Analysis
USD/JPY Technical Analysis
XAU/USD (Gold) Technical Analysis
XAG/USD (Silver) Technical Analysis
Crude Oil Technical Analysis
Title:
Technical analysis of the NZD/USD pair on May 1st, 2012
Commentary of the NZD/USD pair :
The pair NZD/USD has failed to break the resistance at 0.8235 and got back below 0.8180, giving us a sell signal.
The pair is going to test the support at 0.8134.
Indicators are mitigated.
We maintain to trade the pair according to the key level at 0.8180 :
- Long above this level. The breakout of 0.8235 and 0.8283 will both give a new buy signal
- Short below this level. The breakotu of 0.8134 and 0.81 will both give a new sell signal.
See the previous analysis of the NZD/USD pair of April 30th, 2012
NZD/USD Analysis
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Aussie declines heavily against majors on RBA decision
The Australian dollar endured heavily losses after the Reserve Bank of Australia decided to cut the interest rate by a half percent point to 3.75% from 4.25% to support growth amid stable inflations rates.
The decision took the market by surprise as they expected the RBA to only cut rates by 25 bp. The Bank sees the economic recovery has moved in narrow range during the past three months affected by the European crisis, while CPI inflation has also declined, from about 3.5 percent to a little over 1.5 percent at the latest reading.
On the other hand, the Japanese yen has also retreated against the U.S. dollar to the lowest level in five days, recording a low of 79.66 and a high of 80.36, while it started the day at 80.35.
Moreover, the NZD/USD pair dropped for the second straight day, ...
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NZ Dollar Down as Trade Surplus Shrinks
The New Zealand dollar fell yesterday and extended its decline today. New Zealand’s traded surplus unexpectedly shrank in March, adding to the negative market sentiment that sent the nation’s currency down.
New Zealand exports declined NZ$400 million in March compared to the same period a year ago, while import rose NZ$48 million, resulting in a trade surplus of NZ$134 million. That is compared to the February surplus of NZ$202 million and the expected figure of NZ$437 million.
On more positive note, the business confidence index rose from 33.8 in March to 35.8 in April. The Reserve Bank of New Zealand left its main interest rate unchanged at 2.5 percent on April 26. Reserve Bank Governor Alan Bollard was rather hawkish in his statement after the decision:
The domestic economy is ...
Title:
Forex Technical Analysis : 04/30/2012
- Forex Technical Analysis : 04/30/2012 -
(Timeframes: 30 minutes)
USD/CAD Technical Analysis
AUD/USD Technical Analysis
NZD/USD Technical Analysis
GBP/USD Technical Analysis
EUR/USD Technical Analysis
GBP/JPY Technical Analysis
EUR/CHF Technical Analysis
EUR/JPY Technical Analysis
EUR/GBP Technical Analysis
USD/CHF Technical Analysis
USD/JPY Technical Analysis
XAU/USD (Gold) Technical Analysis
XAG/USD (Silver) Technical Analysis
Crude Oil Technical Analysis
Title:
Technical analysis of the NZD/USD pair on April 30th, 2012
Commentary of the NZD/USD pair :
A strong bullish movement occured on the pair NZD/USD and the breakout of 0.8206 gave us a buy signal.
Currently, the pair is testing the resistance at 0.8235.
All indicators are bullish.
We now advise to trade the pair according to the key level at 0.8180 :
- Long above this level. The breakout of 0.8235 and 0.8283 will both give a new buy signal
- Short below this level. The breakotu of 0.8134 and 0.81 will both give a new sell signal.
See the previous analysis of the NZD/USD pair of April 26th, 2012
NZD/USD Analysis
Title:
Forex Technical Analysis : 04/27/2012
- Forex Technical Analysis : 04/27/2012 -
(Timeframes: 30 minutes)
USD/CAD Technical Analysis
AUD/USD Technical Analysis
NZD/USD Technical Analysis
GBP/USD Technical Analysis
EUR/USD Technical Analysis
GBP/JPY Technical Analysis
EUR/CHF Technical Analysis
EUR/JPY Technical Analysis
EUR/GBP Technical Analysis
USD/CHF Technical Analysis
USD/JPY Technical Analysis
XAU/USD (Gold) Technical Analysis
XAG/USD (Silver) Technical Analysis
Crude Oil Technical Analysis
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Asian Market Update : 27/04/2012
S&P cuts Spain; BOJ increases JGB facility by net ¥10T, reduces fixed-rate ops by ¥5T
Economic Data
(KR) SOUTH KOREA MAR CURRENT ACCOUNT: $3.0B V $557M PRIOR; GOODS BALANCE: $3.00B V $1.31B PRIOR
(UK) UK APR GFK CONSUMER CONFIDENCE SURVEY: -31 V -30E
(JP) JAPAN APR MARKIT/JMMA MANUFACTURING PMI: 50.7 V 51.1 PRIOR
(JP) JAPAN MAR JOBLESS RATE: 4.5% V 4.5%E; JOB-TO-APPLICANT RATIO: 0.76 V 0.76E PRIOR
(JP) JAPAN MAR NATIONAL CPI Y/Y: 0.5% V 0.4%E; NATIONAL CORE Y/Y 0.2% V 0.1%E (6-month high); APR TOKYO CPI Y/Y: -0.3% V -0.1%E; TOKYO CORE Y/Y: -0.5% V -0.3%E (5-month low)
(JP) JAPAN MAR OVERALL HOUSEHOLD SPENDING Y/Y: 3.4% V 4.1%E (2-year high)
(JP) JAPAN MAR PRELIMINARY INDUSTRIAL PRODUCTION M/M: 1.0% V 2.3%E;
(JP) JAPAN MAR RETAIL TRADE M/M: -1.2% V -0.5%E ; Y/Y: 10.3% V 10.0%E (multi-year ...
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