fbpx

Weekly Forex Market Forecasts for February 27th – March 3rd

The following table lists the key economic data and other events that are due out during the week of February 27th – March 3rd, 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.

Technical Forecast and Levels to Watch for the Majors This Week

Sunday, February 26th

9:45pm NZD Visitor Arrivals (last -1.3%, > good for currency)

Monday, February 27th 

12:30am AUD Company Operating Profits (8.0% expected, > good for currency)

8:00am EUR Spanish Flash CPI (3.3% expected, > good for currency)

9:00am EUR M3 Money Supply (4.9% expected, < good for currency)

9:00am EUR Private Loans (2.1% expected, > good for currency)

Tentative EUR Italian 10-year Bond Auction (last average rate 2.37 with a 1.3 bid to cover ratio expected, < rate and > ratio = good for currency)

12:30pm CHF Governor Board Member Zurbrugg speaks (hawkish = good for currency)

1:30pm USD Core Durable Goods Orders (0.5% expected, > good for currency)

1:30pm USD Durable Goods Orders (1.6% expected, > good for currency)

3:00pm USD Pending Home Sales (1.1% expected, > good for currency)

4:00pm USD FOMC Member Kaplan speaks (hawkish = good for currency)

9:45pm NZD Trade Balance (-3M expected, > good for currency)

11:50pm JPY Preliminary Industrial Production (0.4% expected, > good for currency)

11:50pm JPY Retail Sales (1.0% expected, > good for currency)

Tuesday, February 28th

12:00am AUD HIA New Home Sales (last 0.2%, > good for currency)

12:00am NZD ANZ Business Confidence (last 21.7, > good for currency)

12:01am GBP GfK Consumer Confidence (-6 expected, > good for currency)

12:30am AUD Current Account (-4.1B expected, > good for currency)

12:30am AUD Private Sector Credit (0.5% expected, > good for currency)

5:00am JPY Housing Starts (3.4% expected, > good for currency)

28th-2nd GBP            Nationwide HPI (hawkish = good for currency)

7:45am EUR French Consumer Spending (0.6% expected, > good for currency)

7:45am EUR French Preliminary CPI (0.4% expected, > good for currency)

7:45am EUR French Preliminary GDP (last 0.4%, > good for currency)

8:00am CHF KOF Economic Barometer (102.3 expected, > good for currency)

10:00am EUR Italian Preliminary CPI (0.1% expected, > good for currency)

1:30pm CAD RMPI (last 6.5%, > good for currency)

1:30pm CAD IPPI (last 0.4%, > good for currency)

1:30pm USD Preliminary GDP (2.1% expected, > good for currency)

1:30pm USD Goods Trade Balance (-66.0B expected, > good for currency)

1:30pm USD Preliminary GDP Price Index (2.1% expected, > good for currency)

1:30pm USD Preliminary Wholesale Inventories (0.5% expected, < good for currency)

2:00pm USD S&P/CS Composite-20 HPI (5.3% expected, > good for currency)

2:45pm USD Chicago PMI (53.1 expected, > good for currency)

3:00pm USD CB Consumer Confidence (111.1 expected, > good for currency)

3:00pm USD Richmond Manufacturing Index (10 expected, > good for currency)

9:45pm NZD Overseas Trade Index (4.1% expected, > good for currency)

10:30pm AUD             AIG Manufacturing Index (last 51.2, > good for currency)

11:50pm JPY Capital Spending (0.6% expected, > good for currency)

Wednesday, March 1st

12:01am GBP BRC Shop Price Index (last -1.7%, > good for currency)

12:30am AUD GDP (0.7% expected, > good for currency)

12:30am JPY Final Manufacturing PMI (53.6 expected, > good for currency)

1:00am CNY Manufacturing PMI (51.2 expected)

1:00am CNY Non-Manufacturing PMI (last 54.6)

1:45am CNY Caixin Manufacturing PMI (50.9 expected)

5:30am AUD Commodity Prices (last 55.7%, > good for currency)

7:00am CHF UBS Consumption Indicator (last 1.50, > good for currency)

All Day EUR German Preliminary CPI (0.6% expected, > good for currency)

8:15am EUR Spanish Manufacturing PMI (55.9 expected, > good for currency)

8:30am CHF Manufacturing PMI (55.6 expected, > good for currency)

8:45am EUR Italian Manufacturing PMI (53.6 expected, > good for currency)

8:50am EUR French Final Manufacturing PMI (52.3 expected, > good for currency)

8:55am EUR German Unemployment Change (-10K expected, < good for currency)

8:55am EUR German Final Manufacturing PMI (57.0 expected, > good for currency)

9:00am EUR Final Manufacturing PMI (55.5 expected, > good for currency)

9:30am GBP Manufacturing PMI (55.7 expected, > good for currency)

9:30am GBP Net Lending to Individuals (4.0B expected, > good for currency)

9:30am GBP M4 Money Supply (-0.1% expected, < good for currency)

9:30am GBP Mortgage Approvals (69K expected, > good for currency)

Tentative EUR           German 10-year Bond Auction (last average rate 0.33 with a 2.2 bid to cover ratio, <rate and >ratio = good for currency)

1:30pm CAD Current Account (-18.3B expected, > good for currency)

1:30pm USD Core PCE Price Index (0.3% expected, > good for currency)

1:30pm USD Personal Spending (0.3% expected, > good for currency)

1:30pm USD Personal Income (-0.1% expected, > good for currency)

2:30pm CAD RBC Manufacturing PMI (last 53.5, > good for currency)

2:45pm USD Final Manufacturing PMI (54.4 expected, > good for currency)

3:00pm CAD BOC Rate Statement (hawkish = good for currency)

3:00pm CAD Overnight Rate (0.50% expected, > good for currency)

3:00pm USD ISM Manufacturing PMI (56.1 expected, > good for currency)

3:00pm USD Construction Spending (0.7% expected, > good for currency)

3:00pm USD ISM Manufacturing Prices (68.5 expected, > good for currency)

3:30pm USD Crude Oil Inventories (last 0.6M, > good for currency)

All Day USD Total Vehicle Sales (17.7M expected, > good for currency)

6:00pm USD FOMC Member Kaplan speaks (hawkish = good for currency)

7:00pm USD Beige Book (hawkish = good for currency)

11:00pm USD FOMC Member Brainard speaks (hawkish = good for currency)

11:50pm JPY Monetary Base (23.2% expected, > good for currency)

Thursday, March 2nd

12:30am AUD Building Approvals (-0.4% expected, > good for currency)

12:30am AUD Trade Balance (3.82B expected, > good for currency)

3:45am JPY 10-year Bond Auction (last average rate 0.09 with a 3.6 bid to cover ratio, < rate and > ratio = good for currency)

6:45am CHF GDP (0.4% expected, > good for currency)

7:00am EUR German Import Prices (0.5% expected, > good for currency)

8:00am EUR Spanish Unemployment Change (5.2K expected, < good for currency)

8:15am CHF Retail Sales (-2.0% expected, > good for currency)

9:00am EUR Italian Monthly Unemployment Rate (12.0% expected, < good for currency)

9:30am GBP Construction PMI (52.1 expected, > good for currency)

10:00am EUR CPI Flash Estimate (1.8% expected, > good for currency)

10:00am EUR Core CPI Flash Estimate (0.9% expected, > good for currency)

10:00am EUR PPI (0.5% expected, > good for currency)

10:00am EUR Unemployment Rate (9.6% expected, < good for currency)

Tentative EUR French 10-year Bond Auction (last average rate 1.07 with a 2.1 bid to cover ratio, < rate and > ratio = good for currency)

Tentative EUR Spanish 10-year Bond Auction (last average rate 1.73 with a 3.0 bid to cover ratio, < rate and > ratio = good for currency)

12:30pm USD Challenger Job Cuts (last -38.8%, < good for currency)

1:30pm CAD GDP (0.3% expected, > good for currency)

1:30pm USD Weekly Initial Jobless Claims (245K expected, < good for currency)

3:30pm USD Natural Gas Storage (last -89B, > good for currency)

6:00pm CAD Governor Council Member Lane speaks (hawkish = good for currency)

10:30pm AUD AIG Services Index (last 54.5, > good for currency)

11:30pm JPY Household Spending (-0.3% expected, > good for currency)

11:30pm JPY National Core CPI (0.0% expected, > good for currency)

11:30pm JPY Tokyo Core CPI (0.2% expected, > good for currency)

11:30pm JPY Unemployment Rate (3.0% expected, < good for currency)

Friday, March 3rd

12:00am NZD ANZ Commodity Prices (last -0.1%, > good for currency)

1:45am CNY Caixin Services PMI (53.3 expected)

5:00am JPY Consumer Confidence (43.7 expected, > good for currency)

7:00am EUR German Retail Sales (0.2% expected, > good for currency)

8:15am EUR Spanish Services PMI (55.1 expected, > good for currency)

8:45am EUR Italian Services PMI (53.1 expected, > good for currency)

8:50am EUR French Final Services PMI (56.7 expected, > good for currency)

8:55am EUR German Final Services PMI (54.4 expected, > good for currency)

9:00am EUR Final Services PMI (55.6 expected, > good for currency)

9:30am GBP Services PMI (54.2 expected, > good for currency)

10:00am EUR Retail Sales (0.3% expected, > good for currency)

2:45pm USD Final Services PMI (53.9 expected, > good for currency)

3:00pm USD ISM Non-Manufacturing PMI (56.6 expected, > good for currency)

3:15pm USD FOMC Member Evans speaks (hawkish = good for currency)

5:15pm USD FOMC Member Powell speaks (hawkish = good for currency)

6:00pm USD Federal Chairman Yellen speaks (hawkish = good for currency)

6:00pm USD FOMC Member Fischer speaks (hawkish = good for currency)

Technical Forecast and Levels to Watch for the Majors This Week

EURUSD: Mildly Higher

Resistance:

Initial: 1.0565/68, 1.0578, 1.0588, 1.0591/95, 1.0606, 1.0616/20, 1.0640, 1.0652/57, 1.0669, 1.0678/89, 1.0707/08, 1.0718, 1.0736, 1.0762/95, 1.0804/11, 1.0818/33, 1.0847/58, 1.0866, 1.0872/73, 1.0882/86, 1.0896, 1.0911/17, 1.0951/70, 1.0983/86, 1.0991/98, 1.1001/10, 1.1015/28, 1.1038/60, 1.1066/72, 1.1083, 1.1091/97, 1.1103/04, 1.1111/59, 1.1164/81, 1.1186/1.1204, 1.1211/21, 1.1233/36, 1.1244/83, 1.1294/1.1303, 1.1317/18, 1.1322/48, 1.1354/66, 1.1373/97, 1.1415/64, 1.1483, 1.1494/98, 1.1533, 1.1615, 1.1642, 1.1713, 1.1753, 1.1866/77, 1.1900/01, 1.1938, 1.1975, 1.2041, 1.2133, 1.2143, 1.2162/64, 1.2219, 1.2241/55, 1.2270/72, 1.2323/33, 1.2357/62, 1.2381/94, 1.2407/39, 1.2455, 1.2494/96, 1.2500/01, 1.2514/19, 1.2531, 1.2545, 1.2569/70, 1.2588/89, 1.2605, 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: 1.0551, 1.0517/24, 1.0504, 1.0492/99, 1.0461, 1.0371, 1.3065, 1.0351, 1.0339, 1.0206 and 1.0104.

Below: 0.9607/21, 0.9599, 0.9451, 0.9338, 0.8840, 0.8822/28, 0.8594 and 0.8562.

USDJPY: Lower

Resistance:

Initial: 112.30, 112.51/61, 112.86, 112.98, 113.04, 113.12, 113.38, 113.49, 113.76/79, 113.89, 113.98, 114.12, 114.55/65, 114.73/95, 115.06, 115.37, 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: 112.15, 112.01/07, 111.91, 111.78/88, 111.59/66, 111.35/44, 110.97/111.03, 110.66, 110.58, 110.39/47, 110.26, 110.08, 109.89/90, 109.72, 109.53/54, 109.41/45, 109.10, 108.98, 108.71, 108.54, 108.42/46, 108.22/24, 108.00, 107.83/89, 107.62/66, 107.48, 107.38/39, 107.18, 107.05, 106.94, 106.72/82, 106.54, 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: 1.2431/39, 1.2451, 1.2476, 1.2511/15, 1.2522/30, 1.2547/56, 1.2568, 1.2581, 1.2672/73, 1.2705, 1.2727/36, 1.2774, 1.2794, 1.2849, 1.2863/79, 1.2902, 1.2914, 1.2944/45, 1.2955, 1.2991/96, 1.3020, 1.3033, 1.3056/63, 1.3078/79, 1.3093, 1.3104, 1.3119/20, 1.3137, 1.3204, 1.3227, 1.3238, 1.3272/89, 1.3300, 1.3314, 1.3339/46, 1.3352, 1.3371, 1.3415, 1.3444, 1.3477/80, 1.3501, 1.3532, 1.3561, 1.3653, 1.3683, 1.3835/40, 1.3853, 1.3877, 1.4000/11, 1.4041, 1.4052/56, 1.4079, 1.4089, 1.4108, 1.4130, 1.4148, 1.4170/79, 1.4232/34, 1.4247/51, 1.4298, 1.4321/25, 1.4331, 1.4345/51, 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, 1.4725/38, 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: 1.2411/16, 1.2382/87, 1.2375, 1.2351, 1.2332, 1.2317/24, 1.2301, 1.2271, 1.2260, 1.2252, 1.2226/28, 1.2199/1.2200, 1.2170, 1.2131/35, 1.2113, 1.2081/88, 1.1991, 1.1954 and 1.1844.

Below: 1.0520.

AUDUSD: Higher

Resistance:

Initial: 0.7681/96, 0.7700/10, 0.7718/25, 0.7731/40, 0.7748/64, 0.7772/84, 0.7791/92, 0.7817, 0.7825, 0.7834/88, 0.7912, 0.7919, 0.7950, 0.7988, 0.8008, 0.8020, 0.8024/34, 0.8051, 0.8066/87, 0.8106, 0.8121, 0.8138, 0.8156, 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: 0.7653/63, 0.7642/48, 0.7625/36, 0.7614/18, 0.7605/09, 0.7580/98, 0.7565/72, 0.7544/59, 0.7532, 0.7520/25, 0.7497/0.7514, 0.7486/92, 0.7468/76, 0.7452, 0.7440/46, 0.7413/20, 0.7405/07, 0.7393, 0.7362/79, 0.7356, 0.7337/43, 0.7310/26, 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: Mildly Lower

Resistance:

Initial: 1.3115/19, 1.3125/39, 1.3143/47, 1.3161/68, 1.3174/90, 1.3194/99, 1.3208/17, 1.3233/35, 1.3241/53, 1.3260/64, 1.3270/83, 1.3295, 1.3305/16, 1.3323/25, 1.3352/57, 1.3367/77, 1.3385/99, 1.3404, 1.3415/16, 1.3432/34, 1.3456/72, 1.3504, 1.3524, 1.3534/36, 1.3556/63, 1.3586/88, 1.3597/1.3606, 1.3638, 1.3652/61, 1.3672, 1.3687, 1.3756, 1.3780, 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: 1.3101, 1.3097/99, 1.3080/89, 1.3062/73, 1.3047/54, 1.3037/39, 1.3018/28, 1.2994/1.3014, 1.2964/89, 1.2950/57, 1.2935, 1.2922, 1.2900/14, 1.2884, 1.2875, 1.2860/64, 1.2856, 1.2830/36, 1.2821/22, 1.2797/98, 1.2770/78, 1.2757/62, 1.2742, 1.2716, 1.2693/96, 1.2677, 1.2654/62, 1.2631, 1.2625, 1.2615, 1.2613, 1.2609, 1.2585/92, 1.2563, 1.2537, 1.2497, 1.2471, 1.2456/61, 1.2448/58, 1.2436, 1.2421, 1.2406, 1.2386, 1.2378, 1.2361/66, 1.2351, 1.2333, 1.2287, 1.2244, 1.2126, 1.2091, 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: Mildly Higher

Resistance:

Initial: 0.7195/0.7245, 0.7251/54, 0.7265, 0.7273/76, 0.7296, 0.7304/05, 0.7310/22, 0.7328/49, 0.7357/62, 0.7367/68, 0.7375/78, 0.7394, 0.7402/04, 0.7419/20, 0.7433, 0.7440/47, 0.7455/59, 0.7467, 0.7483/0.7500, 0.7528/55, 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: 0.7162/83, 0.7133/47, 0.7128, 0.7102/16, 0.7085/91, 0.7076/79, 0.7065/69, 0.7034/59, 0.7014, 0.6996, 0.6978/84, 0.6947/70, 0.6923, 0.6890/95, 0.6881/84, 0.6872/76, 0.6857/63, 0.6828/45, 0.6804/21, 0.6790, 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.


Popular Brokers