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Thread: Wild Card NZD/JPY

  1. #1

    Default Wild Card NZD/JPY


    Tuesday, 15 Sep 2009
    Dollar Down to Weakest Level of 2009

    The U.S. Dollar fell versus the EUR but clung to small gains against other major rivals on Monday. This came as traders turned their focus to data coming this week and as the EUR and Yen hit technical levels that triggered some buying. The market focus now shifts to a slew of U.S. indicators to be released between Tuesday and Thursday that could determine whether the Dollar will continue to trade lower, or experience a pause.

    The Wild Card
    NZD/JPY

    This pair's sustained upward movement has finally pushed its price into the over-bought territory on the hourly chart's RSI ... read more

  2. #2

    Default The Wild Card NZD/JPY 29 Sep 2009

    The Wild Card NZD/JPY 29 Sep 2009
    Tuesday, 29 Sep 2009
    Bearish Sentiment Persists in Trading

    The USD and JPY maintain their rallies over their riskier counterparts as traders try to decipher officials' comments regarding exit strategies and interest rate hikes for the near future. Today sees the first day of important economic news form the U.S since the G20 summit, which will likely cause volatility for the Dollar and set its course for the week.

    The Wild Card
    NZD/JPY

    A bearish cross is evident on the hourly, 2 and 4 hour Slow Stochastic charts, with a bearish cross also evident on the 4 hour MACD ... read more forex|forex trading|learn forex|forex trading software

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Tags for this Thread

eur, indicators, level, macd, main, news, nzd, rsi, stochastic, strategies, time, trading software, usd, yen

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