New Zealand Dollar Forecast: NZD/USD, NZD/JPY Levels Ahead of RBNZ dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
US Dollar Price Action Setups: AUD/USD, DXY, NZD/USD, USD/CAD
2021-02-16 03:00:00
Daniel Moss,
Analyst
US Dollar, DXY, AUD/USD, NZD/USD, USD/CAD – Talking Points:
Time-cycle analysis suggests the US Dollar is poised to significantly underperform its major counterparts in the medium to long term.
Golden cross moving average formations hint at extended gains for AUD/USD, NZD/USD.
USD/CAD poised to sink even lower as price continues to track within a Descending Channel.
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As mentioned in previous report, the haven-associated US Dollar may continue to lose ground against its major counterparts, as long-term price analysis suggests a cyclical downturn is in the offing.
Australian Dollar Technical Outlook: AUD/USD, AUD/JPY, AUD/CHF
2021-01-13 03:00:00
Daniel Moss,
Analyst
Australian Dollar, AUD/USD, AUD/JPY, AUD/CHF, Technical Analysis – Talking Points:
AUD/CHF eyeing a push to challenge the 200-week moving average.
Inverse Head and Shoulders pattern hints at extended gains for AUD/JPY.
AUD/USD poised to climb to fresh multi-year highs after slicing through key resistance.
As mentioned in previous reports, Australia’s success in suppressing the novel coronavirus, in tandem with soaring commodity prices, may underpin the cyclically-sensitive AUD in the coming months. Bullish technical setups across multiple Australian Dollar crosses also suggest that the currency is poised to continue outperforming its haven-associated counterparts. Here are the technical levels to watch for AUD/CHF, AUD/JPY and AUD/USD rates.