Forex QUICK: NZDUSD bumping into trendline resistance. Is it time to take profit?
July 14, 2010 by Greg Michalowski · Leave a Comment
Forex QUICK: NZDUSD bumping into trendline resistance. Is it time to take profit?
Forex QUICK: NZDUSD trying to extend above 100 hour MA
June 24, 2010 by Greg Michalowski · Leave a Comment
NY Evening Forex Commentary is available for viewing
April 27, 2010 by Greg Michalowski · Leave a Comment
EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD and NZDUSD are analyzed in the evening report.
Forex QUICK: Commodity Currency pair update with focus on USDCAD, AUDUSD and NZDUSD
April 27, 2010 by Greg Michalowski · Leave a Comment
Forex QUICK: Commodity Currency pair update with focus on USDCAD, AUDUSD and NZDUSD
New Zealand CPI
April 19, 2010 by Alex Chernomordin · Leave a Comment
The Kiwi edged higher ahead of the 1st quarter Consumer Prices Index expected to be higher quarter over quarter and year over year, however both readings were released much worse than expected. The RBA April Meeting Minutes are also anticipated later in the Asian session helping the far east currencies (NZD/AUD ) trade in a larger range than their risk pair counterparts. The details of the Consumer Prices are as follows:
CPI (QoQ) – Survey:0.6% Actual:0.4% Prior:-0.2%
CPI (YoY) – Survey:2.3% Actual:2.0% Prior:2.0%
The Kiwi immediately moved to session lows but has caught a light bid on the 50% retracement of the latest short-term move. The topside seems to be defended by the descending trendline and a break below the 4-200hr moving average/61.8%/trendline support (~.7050-.7059) could move the pair significantly lower, perhaps back through the 70 cent handle.

New Zealand Retail Sales
April 13, 2010 by Alex Chernomordin · Leave a Comment
The New Zealand February Retail Sales reading came in much worse than expected pushing the kiwi below the 71 cent handle. The release was expected at +0.2% but came in at -0.6% (+0.8% prior.) The figure excluding auto sales was even worse at -0.9% versus the estimate of 0.4%. The NZD/USD pair also broke through the 100 day moving average which has supported the pair since the gap higher to start the trading week, which was met by the way with resistance at 61.8% retracement of the latest move from January highs to the February lows.

Forex QUICK: Commodity Currencies come under pressure in NY trade
April 13, 2010 by Greg Michalowski · Leave a Comment
Forex Video QUICK. NZD between the Daily Goalposts. Look for the break
April 2, 2010 by Greg Michalowski · 3 Comments
