28 Jul 2014
NZD/USD chugging along the on the downside
FXStreet (Guatemala) - NZD/USD is trading at 0.8541, down -0.16% on the day, having posted a daily high at 0.8559 and low at 0.8538.
We are starting-off very quiet, commencing from where we left off after that dramatic fall from above the 0.87 handle last week that leaves NZD/USD here “chugging” along on the downside. Without anything
NZD/USD is trading at 0.8541, down -0.16% on the day, having posted a daily high at 0.8559 and low at 0.8538.
We are starting-off very quiet, commencing from where we left off after that dramatic fall from above the 0.87 handle last week that leaves NZD/USD here “chugging” along on the downside. Without anything on the calendar until the US opens, it is likely to remain quiet until then, albeit not with anything there particularly key either. However, as the week goes on then the more crowded the US calendar becomes and we may be in for a volatile time. In the mean time for NZD/USD, FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish. Daily RSI is in neutral territory at 33.18.
NZD/USD Levels
Spot is presently trading at 0.8541, and next resistance can be seen at 0.8553 (Daily Open) and 0.8559 (Daily High). Next support to the downside can be found at 0.8532 (Daily Classic S1), 0.8510 (Daily Classic S2) and 0.8488 (Weekly Classic S1).
">on the calendar until the US opens, it is likely to remain quiet until then, albeit not with anything there particularly key either. However, as the week goes on then the more crowded the US calendar becomes and we may be in for a volatile time. In the mean time for NZD/USD, FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish. Daily RSI is in neutral territory at 33.18.
NZD/USD Levels
Spot is presently trading at 0.8541, and next resistance can be seen at 0.8553 (Daily Open) and 0.8559 (Daily High). Next support to the downside can be found at 0.8532 (Daily Classic S1), 0.8510 (Daily Classic S2) and 0.8488 (Weekly Classic S1).
We are starting-off very quiet, commencing from where we left off after that dramatic fall from above the 0.87 handle last week that leaves NZD/USD here “chugging” along on the downside. Without anything
NZD/USD is trading at 0.8541, down -0.16% on the day, having posted a daily high at 0.8559 and low at 0.8538.
We are starting-off very quiet, commencing from where we left off after that dramatic fall from above the 0.87 handle last week that leaves NZD/USD here “chugging” along on the downside. Without anything on the calendar until the US opens, it is likely to remain quiet until then, albeit not with anything there particularly key either. However, as the week goes on then the more crowded the US calendar becomes and we may be in for a volatile time. In the mean time for NZD/USD, FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish. Daily RSI is in neutral territory at 33.18.
NZD/USD Levels
Spot is presently trading at 0.8541, and next resistance can be seen at 0.8553 (Daily Open) and 0.8559 (Daily High). Next support to the downside can be found at 0.8532 (Daily Classic S1), 0.8510 (Daily Classic S2) and 0.8488 (Weekly Classic S1).
">on the calendar until the US opens, it is likely to remain quiet until then, albeit not with anything there particularly key either. However, as the week goes on then the more crowded the US calendar becomes and we may be in for a volatile time. In the mean time for NZD/USD, FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish. Daily RSI is in neutral territory at 33.18.
NZD/USD Levels
Spot is presently trading at 0.8541, and next resistance can be seen at 0.8553 (Daily Open) and 0.8559 (Daily High). Next support to the downside can be found at 0.8532 (Daily Classic S1), 0.8510 (Daily Classic S2) and 0.8488 (Weekly Classic S1).