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Weekly Forex Market Forecasts for February 19th – February 23rd

Key Fundamental Forex Events and Forecasts for the Coming Week

The following table lists the key economic data and other events that are due out during the week of February 19th – February 23rd, with release times displayed for the GMT time zone.

The list also includes the current market consensus forecast for each event and indicates what sort of deviation might affect the forex market valuation of the indicated currency positively.

Read more forex news and forecasts

Sunday, February 18th

11:50pm JPY Trade Balance (0.14T, > good for currency)

 

Monday, February 19th

 All Day CNY Bank Holiday

12:01am GBP Rightmove HPI m/m (last 0.70%, > good for currency)

9:00am EUR EZ Current Account (30.5B, > good for currency)

All Day EUR Eurogroup Meetings (hawkish = good for currency)

11:00am EUR German Buba Monthly Report (hawkish = good for currency)

All Day USD Bank Holiday

6:45pm GBP BOE Governor Carney Speaks (hawkish = good for currency)

9:45pm NZD PPI Input q/q (0.30%, > good for currency)

9:45pm NZD PPI Output q/q (0.40%, > good for currency)

10:15pm AUD RBA Assistant Governor Bullock Speaks (hawkish = good for currency)

 

Tuesday, February 20th

 All Day CNY Bank Holiday

12:30am AUD Monetary Policy Meeting Minutes (hawkish = good for currency), > good for currency)

7:00am CHF Trade Balance (2.78B, > good for currency)

7:00am EUR German PPI m/m (0.50%, > good for currency)

10:00am EUR German ZEW Economic Sentiment (16.5, > good for currency)

10:00am EUR EZ ZEW Economic Sentiment (28.4, > good for currency)

All Day EUR ECOFIN Meetings (hawkish = good for currency)

11:00am GBP CBI Industrial Order Expectations (12, > good for currency)

1:30pm CAD Wholesale Sales m/m (last 0.70^, > good for currency)

Tentative NZD GDT Price Index (last 5.90%, > good for currency)

3:00pm EUR EZ Consumer Confidence (1, > good for currency)

11:30pm AUD MI Leading Index m/m (last 0.30%, > good for currency)

 

Wednesday, February 21st

 All Day CNY Bank Holiday

12:30am AUD Construction Work Done q/q (-10.10%, > good for currency)

12:30am AUD Wage Price Index q/q (0.50%, > good for currency)

12:30am JPY Flash Manufacturing PMI (55.2, > good for currency)

4:30am JPY All Industries Activity m/m (0.50%, > good for currency)

8:00am EUR French Flash Manufacturing PMI (58.2, > good for currency)

8:00am EUR French Flash Services PMI (59.1, > good for currency)

8:30am EUR German Flash Manufacturing PMI (60.7, > good for currency)

8:30am EUR German Flash Services PMI (57.2, > good for currency)

9:00am EUR EZ Flash Manufacturing PMI (59.4, > good for currency)

9:00am EUR EZ Flash Services PMI (57.7, > good for currency)

9:30am GBP Average Earnings Index 3m/y (2.50%, > good for currency)

9:30am GBP Claimant Count Change (2.3K, < good for currency)

9:30am GBP Public Sector Net Borrowing (-11.0B, > good for currency)

9:30am GBP Unemployment Rate (4.30%, < good for currency)

2:15pm GBP Inflation Report Hearings (hawkish = good for currency)

2:45pm USD Flash Manufacturing PMI (55.5, > good for currency)

2:45pm USD Flash Services PMI (54.2, > good for currency)

3:00pm USD Existing Home Sales (5.63M, > good for currency)

3:30pm AUD CB Leading Index m/m (last 0.30%, > good for currency)

7:00pm USD FOMC Meeting Minutes (hawkish = good for currency)

 

Thursday, February 22nd

 2:00am NZD Credit Card Spending y/y (last 6.30%, > good for currency)

5:15am USD FOMC Member Quarles Speaks (hawkish = good for currency)

7:45am EUR French Final CPI m/m (-0.10%, > good for currency)

9:00am EUR German Ifo Business Climate (117.2, > good for currency)

9:30am GBP Second Estimate GDP q/q (0.50%, > good for currency)

9:30am GBP Preliminary Business Investment q/q (0.40%, > good for currency)

9:30am GBP Index of Services 3m/3m (0.10%, > good for currency)

11:00am GBP CBI Realized Sales (15, > good for currency)

12:30pm EUR ECB Monetary Policy Meeting Accounts (hawkish = good for currency)

1:30pm CAD Core Retail Sales m/m (last 1.60%, > good for currency)

1:30pm CAD Retail Sales m/m (last 0.20%, > good for currency)

1:30pm CAD Corporate Profits q/q (lsat 8.50%, > good for currency)

1:30pm USD Unemployment Claims (231K, < good for currency)

2:00pm EUR Belgian NBB Business Climate (1.5, > good for currency)

3:00pm USD CB Leading Index m/m (0.70%, > good for currency)

3:00pm USD FOMC Member Dudley Speaks (hawkish = good for currency)

3:30pm USD Natural Gas Storage (last -194B, > good for currency)

4:00pm USD Crude Oil Inventories (last 1.8M, > good for currency)

5:10pm USD FOMC Member Bostic Speaks (hawkish = good for currency)

9:45pm NZD Retail Sales q/q (1.40%, > good for currency)

9:45pm NZD Core Retail Sales q/q (0.70%, > good for currency)

11:30pm JPY National Core CPI y/y (0.80%, > good for currency)

11:50pm JPY SPPI y/y (0.80%, > good for currency)

 

Friday, February 23rd

 7:00am EUR German Final GDP q/q (0.60%, > good for currency)

10:00am EUR EZ Final CPI y/y (1.30%, > good for currency)

10:00am EUR EZ Final Core CPI y/y (1.00%, > good for currency)

12:00pm GBP MPC Member Ramsden Speaks (hawkish = good for currency)

1:30pm CAD CPI m/m (last -0.4%, > good for currency)

1:30pm CAD Common CPI y/y (last 1.60%, > good for currency)

1:30pm CAD Median CPI y/y (last 1.90%, > good for currency)

1:30pm CAD Trimmed CPI y/y (last 1.90%, > good for currency)

1:30pm CAD Core CPI m/m (last -0.50%, > good for currency)

2:00pm CNY CB Leading Index m/m (last 1.70%, > good for currency)

Tentative USD Fed Monetary Policy Report (hawkish = good for currency)

3:15pm USD FOMC Member Dudley Speaks (hawkish = good for currency)

6:30pm USD FOMC Member Mester Speaks (hawkish = good for currency)

8:40pm USD FOMC Member Williams Speaks (hawkish = good for currency)

 

Technical Forecast and Levels to Watch for the Majors This Week

 

EURUSD: Higher

Resistance:

Initial: 1.2407, 1.2439, 1.2455/56, 1.2478/83, 1.2494/96, 1.2500/01, 1.2514/22, 1.2531/38, 1.2545, 1.2569/70, 1.2588/89, 1.2600/05, 1.2613, 1.2623/25, 1.2661/63, 1.2676, 1.2692/98, 1.2715, 1.2744/54, 1.2791/1.2805, 1.2815/21, 1.2834/79, 1.2900/04, 1.2919/21 and 1.2978/98.

Above: 1.3000/03, 1.3047, 1.3059/66, 1.3077, 1.3093/1.3109, 1.3126/30, 1.3152/65, 1.3172/77, 1.3187/1.3206, 1.3220/42, 1.3294/99, 1.3305/08, 1.3318/24, 1.3332/35, 1.3344/53, 1.3366, 1.3376/89, 1.3398/1.3416, 1.3432/44, 1.3451, 1.3473/82, 1.3489/1.3524, 1.3538, 1.3546/88, 1.3597, 1.3602/15, 1.3621/31, 1.3639/50, 1.3663/76, 1.3682/86, 1.3685/1.3710, 1.3714/16, 1.3731/39, 1.3748, 1.3758/74, 1.3784/98, 1.3807, 1.3810/20, 1.3824, 1.3832/36, 1.3845/54, 1.3864, 1.3875/78, 1.3888/92, 1.3905/14, 1.3937, 1.3947, 1.3966/69, 1.3993/1.4000, 1.4246, 1.4500/17, 1.4695 and 1.4939.

Support:                                

Initial: 1.2381/94, 1.2357/62, 1.2323/37, 1.2297, 1.2270/72, 1.2241/55, 1.2218/19, 1.2206, 1.2162/65, 1.2143, 1.2133, 1.2089/92, 1.2069, 1.2033/42, 1.2026, 1.2003, 1.1993, 1.1975/86, 1.1960, 1.1938/43, 1.1925, 1.1900/16, 1.1857/79, 1.1846, 1.1810/36, 1.1786/88, 1.1775,1.1753/55, 1.1723/29, 1.1711/16, 1.1687/95, 1.1676, 1.1660/68, 1.1636/42, 1.1615, 1.1605, 1.1573/82, 1.1553, 1.1533, 1.1494/98, 1.1483/88, 1.1415/64, 1.1373/97, 1.1354/69, 1.1322/48, 1.1311/18, 1.1294/1.1303, 1.1244/84, 1.1233/36, 1.1207/21, 1.1186/1.1204, 1.1164/81, 1.1111/59, 1.1103/08, 1.1091/97, 1.1083, 1.1066/72, 1.1038/60, 1.1015/28, 1.1001/10, 1.0991/98, 1.0983/86, 1.0946/70, 1.0904/17, 1.0896, 1.0882/86, 1.0872/73, 1.0866, 1.0847/58, 1.0818/38, 1.0804/11, 1.0759/95, 1.0736, 1.0717/18, 1.0707/08, 1.0676/89, 1.0669, 1.0650/57, 1.0629/40, 1.0616/22, 1.0603/06, 1.0588/98, 1.0578, 1.0565/68, 1.0551, 1.0517/24, 1.0504,.

Below: 1.0492/99, 1.0461, 1.0371, 1.3065, 1.0351, 1.0339, 1.0206 and 1.0104, 0.9607/21, 0.9599, 0.9451, 0.9338, 0.8840, 0.8822/28, 0.8594 and 0.8562.

 

USDJPY: Mildly Lower

Resistance:

Initial: 106.54, 106.72/82, 106.94, 107.05, 107.18, 107.30/39, 107.48/49, 107.62/66, 107.83/89, 108.00/05, 108.12/28, 108.42/46, 108.54/60, 108.70/83, 108.98, 109.01/10, 109.41/45, 109.53/54, 109.72/92, 110.08/09, 110.19/27, 110.39/48, 110.58/66, 110.80/92, 110.93/111.05, 111.32/48, 111.57/71, 111.76/88, 111.90/98, 112.01/11, 112.15/25, 112.30/32, 112.40/46, 112.51/70, 112.81/86, 112.91/98, 113.03/08, 113.12/18, 113.21/24, 113.30/39, 113.43/56, 113.64/79, 113.89/90, 113.98, 114.05/27, 114.35, 114.44/48, 114.55/65, 114.72/95, 115.06, 115.18, 115.37, 115.49, 115.56/61, 115.85, 115.92, 116.03/14, 116.28, 116.50/54, 116.82/117.02, 117.23, 117.43, 117.52, 117.65/80, 117.93/99, 118.04/05, 118.23/45, 118.60/67, 118.85/97, 119.01/06, 119.21/28, 119.37/46, 119.61/65, 119.80 and 119.95.

Above: 120.00/10, 120.17/27, 120.34/47, 120.56, 120.62/65, 120.73/82, 121.02, 121.19/23, 121.27/38, 121.48/49, 121.62/68, 121.80/84, 121.96, 122.01, 122.22/30, 122.44, 122.60/68, 122.87, 123.12, 123.25, 123.42/49, 123.71/78, 123.95, 124.05, 124.11/14, 124.22, 124.35/38, 124.43/46, 125.06, 125.27, 125.40, 125.67/75, 126.17, 126.41, 126.90 and 135.19.

Support:

Initial: 106.31/36, 106.15/25, 105.70, 105.52/59, 105.41/43, 105.30/33, 105.18, 105.05, 104.83/91, 104.63/68, 104.47, 104.31/36, 104.07/26, 103.91/98, 103.82, 103.73/75, 103.54/58, 103.37/43, 103.30, 103.16, 102.92/103.08, 102.49/85, 102.33/40, 102.24/26, 102.13/14, 101.90/102.04, 101.60/83, 101.50/56, 101.41/45, 101.30/32, 101.08/27, 100.82/92, 100.75, 100.60/67, 100.38/48, 100.19/22, 99.93/100.09, 99.64/66, 99.53, 99.40, 99.25, 99.13/14, 98.84/99.00, 98.63/72, 98.48/53, 98.28, 98.20, 98.08, 97.75/83, 97.49/63, 96.90/97.05, 96.81, 96.65/70, 96.55/56 and 96.05.

Below: 95.79/80, 95.44, 94.90/95.07, 94.87, 94.55, 94.19, 94.05, 93.76, 93.78 93.68, 93.50, 93.17, 92.77/95, 92.14/30, 91.19, 90.85, 90.20/32, 89.40/66, 88.05, 87.95/99 and 87.79.

 

GBPUSD: Higher

Resistance:

Initial: 1.4041, 1.4052/56, 1.4066, 1.4079, 1.4089, 1.4108, 1.4130, 1.4145/48, 1.4170/79, 1.4232/34, 1.4247/51, 1.4278, 1.4298, 1.4321/25, 1.4331, 1.4344/51, 1.4361, 1.4374, 1.4385, 1.4396, 1.4406/18, 1.4432/44, 1.4451/72, 1.4513, 1.4529/34, 1.4546, 1.4581, 1.4603, 1.4615, 1.4634/37, 1.4659/69, 1.4692/98, 1.4724/39, 1.4768, 1.4785, 1.4812, 1.4830, 1.4856, 1.4868, 1.4872, 1.4884, 1.4913, 1.4927, 1.4943/50, 1.4966/67, 1.4985/88, 1.5007, 1.5013/17, 1.5026/33, 1.5053/56, 1.5072/77, 1.5081, 1.5092, 1.5101/06, 1.5123, 1.5130/36, 1.5152/64, 1.5173/80, 1.5185/87, 1.5195/99, 1.5208/23, 1.5236/41, 1.5260/68, 1.5276, 1.5293, 1.5304/05, 1.5313/51, 1.5382/84, 1.5392, 1.5403/40, 1.5457/58, 1.5467, 1.5476/85, 1.5496/99, 1.5505/08, 1.5514/20, 1.5529/33, 1.5538/51, 1.5561/68, 1.5584/96, 1.5601/19, 1.5624/27, 1.5646, 1.5656/58, 1.5669/74, 1.5683/92, 1.5714/17, 1.5725, 1.5750, 1.5763, 1.5775/89, 1.5803/07, 1.5817, 1.5825, 1.5844, 1.5853, 1.5874/77, 1.5886/93, 1.5900/27, 1.5948/61, 1.5975/94, 1.6001/08, 1.6051/66, 1.6071/83, 1.6096/98, 1.6109/21, 1.6130/36, 1.6155, 1.6161, 1.6177/83, 1.6195/98, 1.6204/16, 1.6222/26, 1.6237/46, 1.6251/62, 1.6280/90, 1.6298/1.6309, 1.6336, 1.6348, 1.6357, 1.6376, 1.6380/83, 1.6394, 1.6400, 1.6415/18, 1.6441/44, 1.6458/65, 1.6484, and 1.6496.

Above: 1.6516, 1.6524, 1.6534, 1.6548, 1.6576/86, 1.6592, 1.6611/17, 1.6624, 1.6640/56, 1.6665/67, 1.6683, 1.6692/98, 1.6716/24, 1.6730/37, 1.6745, 1.6755, 1.6765/68, 1.6777, 1.6785, 1.6800/02, 1.6812, 1.6819/22, 1.6831/44, 1.6874/87, 1.6902/09, 1.6919/20, 1.6951, 1.6960, 1.6995, 1.7000, 1.7010, 1.7035, 1.7042/51, 1.7058/62, 1.7084, 1.7094/99, 1.7107, 1.7130, 1.7167, 1.7176/78, 1.7190 and 1.7440.

Support:

Initial: 1.4000/11, 1.3980, 1.3942/45, 1.3877, 1.3853, 1.3835/40, 1.3819, 1.3764, 1.3744, 1.3683, 1.3653/55, 1.3613/17, 1.3594, 1.3582/85, 1.3561, 1.3544/48, 1.3532, 1.3519, 1.3501, 1.3494, 1.3464/80, 1.3458, 1.3444, 1.3415/20, 1.3371, 1.3352/58, 1.3332/46, 1.3314/19, 1.3300/07, 1.3272/90, 1.3264, 1.3259, 1.3238, 1.3221/28, 1.3204/12, 1.3176, 1.3158/59, 1.3134/39, 1.3112/24, 1.3104, 1.3084/93, 1.3078/79, 1.3056/68, 1.3041/46, 1.3030/38, 1.3012/29, 1.2991/96, 1.2976/86, 1.2950/64, 1.2944/45, 1.2925/31, 1.2914/19, 1.2901/02, 1.2892, 1.2863/79, 1.2841/51, 1.2829, 1.2810/16, 1.2805, 1.2794, 1.2772/74, 1.2754, 1.2727/36, 1.2705, 1.2689, 1.2672/73, 1.2634, 1.2614, 1.2581/88, 1.2568/73, 1.2547/56, 1.2522/30 and 1.2504/15.

Below: 1.2476, 1.2451, 1.2431/39, 1.2411/18, 1.2403, 1.2382/87, 1.2374/75, 1.2364, 1.2351, 1.2332, 1.2317/24, 1.2299/1.2301, 1.2271, 1.2260, 1.2249/52, 1.2226/28, 1.2213, 1.2199/1.2200, 1.2170, 1.2131/35, 1.2107/13, 1.2081/88, 1.1991, 1.1954 and 1.1844 and 1.0520.

 

AUDUSD: Higher

Resistance:

Initial: 0.7912, 0.7919/24, 0.7935, 0.7940/56, 0.7961/65, 0.7978/94, 0.8003/08, 0.8020/34, 0.8041/42, 0.8051, 0.8064/87, 0.8099, 0.8102/06, 0.8117/24, 0.8135/38, 0.8156/63, 0.8172, 0.8203/14, 0.8223, 0.8233, 0.8294, 0.8307, 0.8375, 0.8416, 0.8473/84, 0.8512, 0.8541, 0.8578, 0.8590, 0.8641, 0.8651/62, 0.8693, 0.8702, 0.8729, 0.8747/54, 0.8760/73, 0.8784, 0.8812, 0.8819/25, 0.8842/52, 0.8857/61, 0.8869, 0.8887/97, 0.8906/12, 0.8918/20, 0.8923/36, 0.8951/57, 0.8967/69, 0.8981/87, 0.8994/0.9010, 0.9035, 0.9041, 0.9042/48, 0.9054/57, 0.9061/66, 0.9072/79, 0.9102, 0.9110/19, 0.9127/37, 0.9147, 0.9162/67, 0.9179/89, 0.9200/08, 0.9214/26, 0.9232/74, 0.9286/94, 0.9304, 0.9311, 0.9328/34, 0.9343/53, 0.9359, 0.9386/0.9410, 0.9420/24, 0.9428/33, 0.9440/47, 0.9455/57, 0.9469 and 0.9483/86.

Above: 0.9500, 0.9524/27, 0.9536/42, 0.9571, 0.9585, 0.9592, 0.9620, 0.9640, 0.9664, 0.9676, 0.9689/96, 0.9710, 0.9732, 0.9757, 0.9791/94, 0.9841/96, 0.9900, 0.9925/83, 1.0000/18, 1.0052, 1.0099/1.0100, 1.0114/17, 1.0148/51, 1.0165/77 and 1.0181/82.

Support:

Initial: 0.7834/96, 0.7825, 0.7817, 0.7806/08, 0.7791/92, 0.7772/84, 0.7748/64, 0.7731/46, 0.7718/28, 0.7678/0.7711,  0.7652/63, 0.7642/49, 0.7622/37, 0.7614/18, 0.7602/09, 0.7580/98, 0.7570/78, 0.7565, 0.7543/59, 0.7532/39, 0.7518/25, 0.7497/0.7516, 0.7486/92, 0.7468/76, 0.7452, 0.7439/46, 0.7413/20, 0.7405/07, 0.7393, 0.7362/87, 0.7356, 0.7337/43, 0.7310/27, 0.7295/0.7303, 0.7278/84, 0.7265/71, 0.7241/58, 0.7234, 0.7219/26, 0.7214/15, 0.7203/07, 0.7197, 0.7181/85, 0.7172/75, 0.7152/62, 0.7140/48, 0.7108, 0.7098, 0.7083, 0.7062/69, 0.7047, 0.7030/34, 0.7021/24, 0.7001/02, 0.6945, 0.6936/37, 0.6918, 0.6907, 0.6852, 0.6826, 0.6773, 0.6753, 0.6697, 0.6670 and 0.6555.

Below: 0.6339/41, 0.6317, 0.5804, 0.5795, 0.5730, 0.5645, 0.5490, 0.5399, 0.5228, 0.4815 and 0.4773.

 

USDCAD: Lower

Resistance:

Initial: 1.2563, 1.2575, 1.2590/97, 1.2609, 1.2613, 1.2615, 1.2622/25, 1.2631, 1.2649/65, 1.2671/96, 1.2700, 1.2712/16, 1.2727, 1.2742/46, 1.2751/62, 1.2770/88, 1.2797/98, 1.2810, 1.2818/22, 1.2829/36, 1.2856/58, 1.2860/64, 1.2875/78, 1.2884, 1.2891/92, 1.2900/15, 1.2920/22, 1.2935/44, 1.2950/57, 1.2964/89, 1.2994/1.3014, 1.3018/28, 1.3037/39, 1.3047/54, 1.3062/73, 1.3080/89, 1.3097/99, 1.3101, 1.3115/19, 1.3125/39, 1.3143/47, 1.3161/68, 1.3174/90, 1.3194/99, 1.3207/22, 1.3233/35, 1.3241/53, 1.3260/64, 1.3270/83, 1.3295, 1.3305/16, 1.3323/25, 1.3346/57, 1.3367/77, 1.3385/1.3408, 1.3409/16, 1.3425/29, 1.3432/36, 1.3449/72, 1.3496, 1.3504, 1.3524, 1.3533/46, 1.3556/70, 1.3586/88, 1.3597/1.3606, 1.3638/46, 1.3652/68, 1.3672, 1.3687/96, 1.3751/56, 1.3768, 1.3780, 1.3792, 1.3813/14, 1.3845, 1.3858, 1.3872, 1.3910, 1.3939/46 and 1.3992/1.4015.

Above: 1.4035, 1.4101, 1.4113, 1.4195, 1.4277, 1.4324, 1.4430, 1.4605/24, 1.4689/93, 1.4894, 1.5024, 1.5065, 1.5150, 1.5182, 1.5322, 1.5632, 1.5830, 1.5855, 1.6054 and 1.6196.

Support:

Initial: 1.2537, 1.2525, 1.2497, 1.2471, 1.2447/61, 1.2431/40, 1.2421/22, 1.2406/12, 1.2386/89, 1.2378/79, 1.2361/66, 1.2351/55, 1.2333/39, 1.2281/87, 1.2238/53, 1.2196, 1.2117/28, 1.2091, 1.2060, 1.2045, 1.2030, 1.2016, 1.1976, 1.1933, 1.1886, 1.1872/75, 1.1841, 1.1802, 1.1794/96, 1.1723/29, 1.1670/72, 1.1666, 1.1547/90, 1.1475, 1.1457/65, 1.1443/47, 1.1391/92, 1.1384, 1.1331/39, 1.1310/12, 1.1289/95, 1.1263/77, 1.1254, 1.1221/29, 1.1190/94, 1.1168/73, 1.1158, 1.1152, 1.1141, 1.1116/32, 1.1102/09, 1.1097/99, 1.1081/89, 1.1069/70, 1.1030/53, 1.0982/1.1001, 1.0962/66, 1.0954/59, 1.0941/45, 1.0934, 1.0925/28, 1.0915, 1.0903/09, 1.0894, 1.0873/86, 0852/59, 1.0849, 1.0839/40, 1.0820/27, 1.0813, 1.0793/96, 1.0742/85, 1.0736, 1.0726, 1.0717, 1.0702/09, 1.0693, 1.0668/79, 1.0646/60, 1.0619/29, 1.0608,1.0580/87, 1.0567/71, 1.0558/59, 1.0546, 1.0519/22 and 1.0506.

Below: 1.0496/1.0502, 1.0471/87, 1.0459, 1.0441/44, 1.0414/18, 1.0401/04, 1.0390/92, 1.0379, 1.0355/68, 1.0333, 1.0324, 1.0309/12, 1.0283/1.0305, 1.0270/76, 1.0262, 1.0244/55, 1.0233/35, 1.0199/1.0226, 1.0172/82, 1.0165, 1.0151/56, 1.0148, 1.0128/42, 1.0103/05, 1.0081/99, 1.0050/56, 1.0029/34, 1.0018, 1.0012, 0.9993/98, 0.9984, 0.9969, 0.9945/60, 0.9931, 0.9922, 0.9902/07, 0.9899, 0.9858, 0.9814/26, 0.9724/99, 0.9686, 0.9645, 0.9631, 0.9525, 0.9445 and 0.9405.

 

NZDUSD: Higher

Resistance:

Initial: 0.7389, 0.7394, 0.7400/04, 0.7419/20, 0.7432/47, 0.7454/59, 0.7467, 0.7483/0.7500, 0.7523/58, 0.7585/95, 0.7609, 0.7605/59, 0.7679/97, 0.7705/35, 0.7751/58, 0.7760/64, 0.7763, 0.7779/83, 0.7791/95, 0.7804/08, 0.7819/29, 0.7838/48, 0.7856/57, 0.7863/78, 0.7888, 0.7903/06, 0.7925/37, 0.7967, 0.7989/0.8013, 0.8030, 0.8040, 0.8049/60, 0.8075/82, 0.8100/09, 0.8114/37, 0.8147/53, 0.8160/76, 0.8186, 0.8195/97, 0.8204/14, 0.8221/41, 0.8250/55, 0.8263, 0.8268/71, 0.8280, 0.8285/87, 0.8291/95, 0.8302/16, 0.8322/66, 0.8376, 0.8389, 0.8406, 0.8413, 0.8421/61, 0.8472/79, 0.8487/89 and 0.8499.

Above: 0.8504/18, 0.8523/37, 0.8542/53, 0.8560/61, 0.8571/78, 0.8584/90, 0.8602/05, 0.8633/41, 0.8647/53, 0.8660/67, 0.8671/74, 0.8693/0.8700, 0.8712/18, 0.8734, 0.8744, 0.8764/77, 0.8789, 0.8792, 0.8821, 0.8834 and 0.8840.

Support:

Initial: 0.7375/78, 0.7366/68, 0.7357/62, 0.7349/51, 0.7328/31, 0.7310/22, 0.7304/09, 0.7287/97, 0.7273/80, 0.7265, 0.7251/57, 0.7190/0.7245, 0.7160/86, 0.7130/47, 0.7124/28, 0.7102/16, 0.7085/91, 0.7073/79, 0.7065/69, 0.7032/59, 0.7014/27, 0.7003, 0.6991/96, 0.6974/84, 0.6944/77, 0.6930/34, 0.6911/26, 0.6904, 0.6890/95, 0.6880/89, 0.6872/79, 0.6857/64, 0.6828/47, 0.6804/21, 0.6790/93, 0.6784, 0.6771/73, 0.6750/60, 0.6734/38, 0.6720/24, 0.6706/13, 0.6693/96, 0.6666/85, 0.6639/41, 0.6616/20, 0.6584/0.6609, 0.6585, 0.6571/73, 0.6556/63, 0.6538/43, 0.6529, 0.6519 and 0.6504/07.

Below: 0.6491/97, 0.6466, 0.6447/55, 0.6435, 0.6423/27, 0.6415, 0.6400/07, 0.6396, 0.6379/88, 0.6345, 0.6287, 0.6269, 0.6254, 0.6248, 0.6242, 0.6234, 0.6022, 0.5991, 0.5926, 0.5914, 0.5682, 0.5673, 0.5608, 0.5637/41, 0.5480 and 0.5324.

 

Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you.


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