Posts Tagged ‘NZD/USD’

Random video

Archives

NZD/USD: Trading Within a Bearish Channel — Forecast — March 8th 2017

In this video, the Trading Central looks at the currency pair NZD/USD for the March 8th session. NZD/USD — The New Zealand dollar has lost over 3% against the US dollar, over the past 5 sessions. On an intraday 30-min chart, we can see that the downtrend continues. The pair has formed a bearish channel pattern. Intraday technical indicators are also pointing to a bearish bias. The pair remains capped by the declining 20-period […]

Soft USD Still Putting Pressure on Some Rivals

Investors are expressing mixed sentiment on the US currency. The US dollar is struggling to rebound from Thursday's lows and further make gains. Nevertheless, there are some currencies which are not able to stand up to the soft US dollar. For example, the New Zealand dollar shed almost 30 pips against the US dollar in the Asian session today. So, the NZD/USD pair closed at 0.7196. The kiwi tumbled in light of weak […]

USD/JPY and NZD/USD Forecast — December 19th 2016

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the December 19th session. USD/JPY — We fell a little bit during the course of the day on Friday, but we did find a little bit of buying pressure underneath. Quite frankly, I think that the 115.00 level below is massively supportive as it was massively resistive. So, I think any type of supportive candle below is a buying opportunity […]

USD/JPY and NZD/USD Forecast — December 9th 2016

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the December 9th session. USD/JPY — We have gone back and forth a bit and it looks like we are going to show some volatility. I really think at this point though, we need to see a pullback in order to take advantage of value. After this type of breakout, I am not going to fight it, especially considering it against […]

USD/JPY and NZD/USD Forecast — November 22nd 2016

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the November 22nd session. USD/JPY — The market tried to rally on Monday, but turned around to form a shooting star candlestick. This could be a pullback and quite frankly, that is what this overextended market needs. I expect to see plenty of support, especially at 107.50. I am very interested in buying with supportive candles as they appear. I have no […]

USD/JPY and NZD/USD Forecast — November 3rd 2016

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the November 3rd session. USD/JPY — As you can see, we have in fact fallen again during the day on Wednesday, but really at this point in time, the 103.00 level looks to be rather supportive. We did bounce from there slightly. I think that we are a little bit oversold at this point. This is probably due […]

USD/JPY and NZD/USD Forecast — October 12th 2016

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the October 12th session. USD/JPY — We initially tried to rally, but we fell. I think that there is a plenty of support, especially below starting from 103.00 to 100.00. The Bank of Japan has been getting involved at this level. So, at this point in time, I have no interest in selling this pair. Every time we pull […]

USD/JPY and NZD/USD Forecast — October 11th 2016

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the October 11th session. USD/JPY — We initially fell a little bit and then turned right around to form a positive type of candle. I think that we are testing 104.00 and then try to get to 105.00. This is an area that I think causes quite a bit of resistance. Therefore once we break above, it is a very positive […]

USD/JPY and NZD/USD Forecast — October 10th 2016

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the October 10th session. USD/JPY — We broke down and with that I feel that the breaking down below the shooting star is a very negative sign. But ultimately, I feel that the 104.00 level is the beginning of the pretty signficant resistance up to 105.00. If we can break above there, then we can go much higher […]

USD/JPY and AUD/USD Forecast — October 5th 2016

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 5th session. USD/JPY — As you can see, we have broken to the upside reaching towards the 103.00 level, which of course is a large round number. If we can break above this level, we should then reach the 105.00 level. It is a long-term target. I also recognize that the Bank of Japan is defending […]

Navigation

Menu