NZD/USD: Next technical resistance at .8647

There is a 50% retracement level and an hourly high coming in  at the same level.

By |April 24th, 2014 11:55am (th14244UTC14 UTC5504UTC)|AUD,NZD, fxww, Technical Analysis|0 Comments

Latest from WestPac on RBNZ statement

Once again, thanks to our hedge fund insider in the FXWW chatroom for posting the following information from WestPac.

The Reserve Bank of New Zealand increased the cash rate to […]

By |April 24th, 2014 11:28am (th14244UTC14 UTC2804UTC)|AUD,NZD, Bank Research, fxww|2 Comments

Levels to watch in the NZD crosses this morning

The NZD is still bouncing around after the RBNZ but the short-term bulls seem to have the upper hand for now. Levels to watch in the crosses are as […]

By |April 24th, 2014 8:48am (th14244UTC14 UTC4804UTC)|AUD,NZD, fxww|0 Comments

NZD pops up 25 pips after RBNZ decision and statement

As expected change in the base rate to 3.00% and the comment that inflationary pressures are increasing has caused the NZD/USD to pop up towards .8620.

I still like the […]

By |April 24th, 2014 8:05am (th14244UTC14 UTC0504UTC)|AUD,NZD, fxww|2 Comments

AUD/USD still hunting stops below .9290

The AUD is in sharp reverse across all the crosses and the stop-losses reported earlier in the AUD/USD below .9290 are currently being targeted. Support levels don’t really tighten […]

By |April 23rd, 2014 2:34pm (rd14234UTC14 UTC3404UTC)|AUD,NZD, Flows and Orders, fxww|0 Comments

EUR/AUD techs: Struggling to break back above the 200-dma

Since breaking below the 200-dma 3 weeks ago, EUR/AUD has been unable to break back above it. This level comes in today at 1.4844 which has been the high […]

By |April 23rd, 2014 2:05pm (rd14234UTC14 UTC0504UTC)|AUD,NZD, fxww|0 Comments

AUD under pressure after CPI data

Stops in the AUD/USD below .9350 have been triggered after lower than expected CPI data.

Look for intraday rallies to be capped now below .9350.

More stops were reported below .9295.

By |April 23rd, 2014 12:39pm (rd14234UTC14 UTC3904UTC)|AUD,NZD, fxww|0 Comments

Australian CPI and Chinese PMI on today’s agenda

Absolutely nothing happened overnight so we must hope that the twin risk events of Australian CPI and Chinese PMI will get the market moving.

Prices in Australia are […]

By |April 23rd, 2014 8:19am (rd14234UTC14 UTC1904UTC)|AUD,NZD, fxww|0 Comments

AUD/USD: Edging higher on back of real money demand

The AUD/USD opened this morning around .9330 and has edged slowly higher on the back of demand from real-money funds.

Further gains are also likely to be hard-fought with hedge […]

By |April 22nd, 2014 1:34pm (nd14224UTC14 UTC3404UTC)|AUD,NZD, Flows and Orders, fxww|0 Comments

AUD/USD: Watch for stops below .9300

Overall I’m still very bullish on the AUD/USD but a quick look at the charts suggests to me that there will be plenty of trailing stop-loss orders below the […]

By |April 22nd, 2014 9:17am (nd14224UTC14 UTC1704UTC)|AUD,NZD, fxww|0 Comments

GBP/NZD worth considering a long trade on bullish break of 1.9520.

  • GBP/NZD has just broken technical resistance near 1.9520;
  • Cable looks set to break above important resistance at 1.6825;
  • The GBP looks generally strong on all crosses;
  • The NZD looks generally weak on […]
By |April 16th, 2014 8:05pm (th14164UTC14 UTC0504UTC)|AUD,NZD, fxww, GBP crosses|0 Comments

AUD/NZD: Targeting technical resistance at 1.0940

We have taken out one large resistance level already near 1.0890 as NZ CPI and this morning’s dairy auction weighed on the Kiwi.

The next big technical level in the […]

By |April 16th, 2014 4:51pm (th14164UTC14 UTC5104UTC)|AUD,NZD, fxww|0 Comments

NZD/JPY: Still worth considering this short-trade strategy

It’s too close to Easter for me and I’m happy to stay on the sidelines but the risk-off players out there can still consider this trade especially given that […]

By |April 16th, 2014 8:12am (th14164UTC14 UTC1204UTC)|AUD,NZD, fxww|0 Comments

AUD/USD: More downside risk as long weekend beckons

Like I said yesterday morning, the short-term AUD market smells a bit long heading into the long Easter weekend and we will see profit taking emerge at […]

By |April 16th, 2014 7:42am (th14164UTC14 UTC4204UTC)|AUD,NZD, fxww|0 Comments

NZD/JPY: Bearish entry level for ‘risk-off’ players

If you are of the opinion that we may get some risk-off sentiment ahead of the long Easter break, then you might consider an entry level near a 61.8% […]

By |April 15th, 2014 8:21am (th14154UTC14 UTC2104UTC)|AUD,NZD, fxww, JPY crosses|0 Comments

AUD/USD: Still looking bit overbought ahead of RBA minutes

Hate to rub it in :) but the place to buy AUD/USD was at .9025 a few weeks ago and not to be chasing it higher towards […]

By |April 15th, 2014 8:11am (th14154UTC14 UTC1104UTC)|AUD,NZD, fxww|0 Comments

AUD/USD longs getting squeezed; look for support near .9335

  • The short-term market was obviously a bit overly long AUD and we are getting a typical Friday position squeeze;
  • AUD/USD support is expected to be very solid near .9335;
  • NZD/USD may […]
By |April 11th, 2014 12:48pm (th14114UTC14 UTC4804UTC)|AUD,NZD, fxww|0 Comments

AUD/USD: Next resistance near .9450 prior daily highs

The dip-buyers aren’t getting any chances at all and the AUD/USD smashed through the 94 cents barrier after better-than-expected jobs data.

The numbers weren’t mind-bogglingly good, so shows you just […]

By |April 10th, 2014 12:36pm (th14104UTC14 UTC3604UTC)|AUD,NZD, fxww|0 Comments