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Is the New Zealand Dollar ready for a rise?

Is the New Zealand Dollar ready for a rise?

Dec 22, 2014 09:28
The answer might be found in the COT Report. The Commitment of Traders Report (COT Report) measures the net long and short positions of the market players. These players are...

Majors»

USD/JPY Forecast Dec. 22-26

USD/JPY Forecast Dec. 22-26

Dec 21, 2014 20:38
The yen showed some strength during the week but gave up these gains and more, as USD/JPY climbed 140 points last week. There are nine events this week. Here is an outlook...
  • GBP/USD Forecast Dec. 22-26
    GBP/USD Forecast Dec. 22-26
    The British pound had a tough week, as GBP/USD lost about 100 points. The pair closed the week at 1.5617. The...
    on Dec 21, 2014 17:35
  • EUR/USD Forecast Dec. 22-26
    EUR/USD Forecast Dec. 22-26
    EUR/USD dropped to lower levels in the last full week of the year as the monetary policy divergence was seen once...
    on Dec 20, 2014 15:00
  • Forex Weekly Outlook December 22-26
    Forex Weekly Outlook December 22-26
    The US dollar enjoyed wide gains in the last full week before the holidays. Will the ride continue also on thin...
    on Dec 19, 2014 15:05

Minors»

AUD/USD Forecast Dec. 22-26

AUD/USD Forecast Dec. 22-26

Dec 21, 2014 13:52
The Australian dollar lost about 100 points last week, as the currency continues to struggle against its US counterpart. AUD/USD closed the week at 0.8120, its lowest level...
  • USD/CAD Forecast Dec. 22-26
    USD/CAD Forecast Dec. 22-26
    The Canadian dollar lost ground early in the week but ended the week almost unchanged.  USD/CAD closed the...
    on Dec 21, 2014 12:02
  • NZD/USD Forecast Dec. 22-26
    NZD/USD Forecast Dec. 22-26
    The New Zealand dollar had a balanced week. Good data at home kept the kiwi bid against the USD storm but the...
    on Dec 21, 2014 11:23
  • NZD/USD Forecast Dec. 15-22
    NZD/USD Forecast Dec. 15-22
    The New Zealand dollar reached new lows but certainly managed to recover, thanks to the RBNZ. We now have quarterly...
    on Dec 14, 2014 20:19

Basics & Industry»

Adam Button wins FXStreet’s Person of the Year

Adam Button wins FXStreet’s Person of the Year

Dec 22, 2014 09:39
And it’s certainly justified. The editor of Forex Live, which oversaw a takeover of the site by its forex analysts earlier this year, is FXStreet’s person of the...

Recent Articles

Sanguine Calm Helps Equity Rally Continue

Sanguine Calm Helps Equity Rally Continue

As the holiday shortened trading week begins, there is sanguine calm that has enveloped financial markets and is driving growth-correlated assets higher.  Helping to bolster sentiment throughout the global landscape were overnight reports that China would provide assistance to Russia if required, which could be achieved through an expansion of the currency swap line that

USD: A Narrower Focus At The Fed?; CAD: Futures Not Sold On Crude Recovery – CIBC

USD: A Narrower Focus At The Fed?; CAD: Futures Not Sold On Crude Recovery – CIBC

In trying to understand the direction of USD, one has to understand the Fed and the figures it is looking at. The team at CIBC examines another angle of jobs. And for the Canadian dollar, another interesting phenomenon is happening. Here are the views of CIBC for the week: Here is their view, courtesy of

EUR/USD, GBP/USD, USD/JPY Technical analysis, pivot points – Dec. 22 2014

EUR/USD, GBP/USD, USD/JPY Technical analysis, pivot points – Dec. 22 2014

EURUSD Daily Pivots R3 1.2364 R2 1.2332 R1 1.2282 Pivot 1.225 S1 1.2199 S2 1.2168 S3 1.2117   EURUSD is trading below the major support level at 1.2271 level but the latest H4 candlesticks show a bullish reversal pattern potentially taking shape, which could lift the Euro back above the support level. In such an

EURJPY Following Nice Bullish Trend

EURJPY Following Nice Bullish Trend

The Euro came selling under pressure against the US dollar, but it showed resiliency against the Japanese yen. The EURJPY pair is following a nice bullish trend, which might take it higher in the short term. There is a major release lined up later today, as the Euro area consumer confidence data will be released.

Adam Button wins FXStreet’s Person of the Year

Adam Button wins FXStreet’s Person of the Year

And it’s certainly justified. The editor of Forex Live, which oversaw a takeover of the site by its forex analysts earlier this year, is FXStreet’s person of the year. I am very happy with this choice and I agree he has done a great job. There aren’t too many independent forex websites who provide high

Is the New Zealand Dollar ready for a rise?

Is the New Zealand Dollar ready for a rise?

The answer might be found in the COT Report. The Commitment of Traders Report (COT Report) measures the net long and short positions of the market players. These players are the Commercials, Non-Commercials and Retail traders. A net position extreme reading suggests that a trend reversal is in the play. Before getting too excited about

Shortened trading week

Shortened trading week

The dollar stands near the highs for the year as we enter what will be a shortened trading week. It’s the euro, yen and also Swiss franc that have suffered in recent trading sessions, although the single currency has managed a modest recovery in the Asian trading session. Key events are getting thin on the

EUR/USD Downside Set To Extend Into Early 2015 – Barclays

EUR/USD Downside Set To Extend Into Early 2015 – Barclays

The EUR/USD just set a new 2 year low and this may not be the end. It may well extend the drop into early 2015, says the team at Barclays. Here is the reasoning, targets and the chart: Here is their view, courtesy of eFXnews: Plenty of macro and technical factors are currently in play

USD/JPY Forecast Dec. 22-26

USD/JPY Forecast Dec. 22-26

The yen showed some strength during the week but gave up these gains and more, as USD/JPY climbed 140 points last week. There are nine events this week. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY. The highlight of the week was the Federal Reserve policy statement. Market

GBP/USD Forecast Dec. 22-26

GBP/USD Forecast Dec. 22-26

The British pound had a tough week, as GBP/USD lost about 100 points. The pair closed the week at 1.5617. The upcoming week is very quiet, highlighted by Current Account. Here is an outlook on the major events moving the pound and an updated technical analysis for GBP/USD. Last week’s highlight was the highly-anticipated Federal Reserve policy statement. Market analysts noted