A strong resistance in place at the 0.6951 level in the NZD/USD and intraday bias turned bearish. At this point, a deeper fall is mildly in favor as long as 0.6884 minor resistance holds below the 0.6884 will target the 0.6797 support level. A …
NZD/USD has wiped out last week’s decline and is currently testing the former support (in effect the breakdown area) at .7204/35. A reaction lower here wouldn’t surprise. The 10/4 high (bearish outside day) at .7310 is viewed as the …
To receive David’s analysis directly via email, please SIGN UP HERE Talking Points NZD/USD Technical Strategy: Longs preferred Break above 0.8500 opens the NZD/USD to further gains Absence of bearish reversal pattern leaves upside …
The Indian team today thrashed arch-rivals Pakistan by 203 runs in the semifinals to enter the final for the sixth time. They will take on Australia in the summit clash on February 3. With a rank of 53 among 115 countries covered by the survey, …
To receive Ilya's analysis directly via email, please SIGN UP HERE Talking Points: The New Zealand Dollar continued to rebound against its US counterpart but overall positioning suggests the move is corrective after last week’s breakdown. …