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Weekly Forex Market Forecasts for March 26th – March 30th

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 March 26th – March 30th, 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.

Sunday, March 25th

 

 1:00am CHF Daylight Saving Time Shift

 1:00am EUR Daylight Saving Time Shift

 1:00am GBP Daylight Saving Time Shift

 9:45pm NZD Trade Balance (-100M, > good for currency)

 

Monday, March 26th

 

8:30am GBP High Street Lending (39.2K, > good for currency)

 9:30am EUR German Buba President Weidmann Speaks (hawkish = good for currency)

 4:30pm USD FOMC Member Dudley Speaks (hawkish = good for currency)

 8:30pm USD FOMC Member Mester Speaks (hawkish = good for currency)

 11:10pm USD FOMC Member Quarles Speaks (hawkish = good for currency)

 11:50pm JPY SPPI y/y (0.70%, > good for currency)

 

Tuesday, March 27th

 

Tentative AUD HIA New Home Sales m/m (last -2.10%, > good for currency)

 12:45am AUD RBA Assistant Governor Kent Speaks (hawkish = good for currency)

 5:00am JPY BOJ Core CPI y/y (0.70%, > good for currency)

 6:00am EUR German Import Prices m/m (-0.30%, > good for currency)

 7:00am EUR Spanish Flash CPI y/y (1.50%, > good for currency)

 8:00am EUR EZ M3 Money Supply y/y (4.60%, < good for currency)

 8:00am EUR EZ Private Loans y/y (3.00%, > good for currency)

 8:30am GBP FPC Meeting Minutes (hawkish = good for currency)

 1:00pm USD S&P/CS Composite-20 HPI y/y (6.10%, > good for currency)

 2:00pm USD CB Consumer Confidence (131.2, > good for currency)

 2:00pm USD Richmond Manufacturing Index (23, > good for currency)

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

 

Wednesday, March 28th

 

 12:00am NZD ANZ Business Confidence (last -19, > good for currency)

 6:00am EUR German GfK Consumer Climate (10.7, > good for currency)

 28th-3rd GBP Nationwide HPI m/m (last -0.30%, > good for currency)

 8:00am CHF Credit Suisse Economic Expectations (last 25.8, > good for currency)

 10:00am GBP CBI Realized Sales (7, > good for currency)

 Tentative EUR Italian 10-year Bond Auction (last 2.06|1.4, < rate and > ratio = good for currency)

 12:30pm USD Final GDP q/q (2.70%, > good for currency)

 12:30pm USD Final GDP Price Index q/q (2.30%, > good for currency)

 12:30pm USD Goods Trade Balance (-74.1B, > good for currency)

 12:30pm USD Preliminary Wholesale Inventories m/m (0.60%, > good for currency)

 2:00pm USD Pending Home Sales m/m (2.10%, > good for currency)

 2:30pm USD Crude Oil Inventories (last -2.6M, > good for currency)

 4:00pm USD FOMC Member Bostic Speaks (hawkish = good for currency)

 9:45pm NZD Building Consents m/m (last 0.20%, > good for currency)

 11:01pm GBP GfK Consumer Confidence (-10, > good for currency)

 11:50pm JPY Retail Sales y/y (1.70%, > good for currency)

 

Thursday, March 29th

 

 12:30am AUD Private Sector Credit m/m (0.30%, > good for currency)

 All Day EUR German Preliminary CPI m/m (0.50%, > good for currency)

 7:00am CHF KOF Economic Barometer (107.5, > good for currency)

 7:55am EUR German Unemployment Change (-15K, < good for currency)

 8:30am GBP Current Account (-23.7B, > good for currency)

 8:30am GBP Final GDP q/q (0.40%, > good for currency)

 8:30am GBP Net Lending to Individuals m/m (4.8B, > good for currency)

 8:30am GBP Index of Services 3m/3m (0.60%, > good for currency)

 8:30am GBP M4 Money Supply m/m (1.30%, < good for currency)

 8:30am GBP Mortgage Approvals (66K, > good for currency)

 8:30am GBP Revised Business Investment q/q (0.00%, > good for currency)

 12:30pm CAD GDP m/m (last 0.10%, > good for currency)

 12:30pm CAD RMPI m/m (last 3.30%, > good for currency)

 12:30pm CAD IPPI m/m (last 0.30%, > good for currency)

 12:30pm USD Core PCE Price Index m/m (0.20%, > good for currency)

 12:30pm USD Personal Spending m/m (0.20%, > good for currency)

 12:30pm USD Weekly Initial Jobless Claims (231K, < good for currency)

 12:30pm USD Personal Income m/m (0.40%, > good for currency)

 1:45pm USD Chicago PMI (62.1, > good for currency)

 2:00pm USD Revised UoM Consumer Sentiment survey (102.1, > good for currency)

 2:00pm USD Revised UoM Inflation Expectations (last 2.90%, > good for currency)

 2:30pm USD Natural Gas Storage (last -86B, > good for currency)

 All Day NZD Bank Holiday

 All Day AUD Bank Holiday

 11:30pm JPY Tokyo Core CPI y/y (0.90%, > good for currency)

 11:30pm JPY Unemployment Rate (2.60%, > good for currency)

 11:50pm JPY Preliminary Industrial Production m/m (5.10%, > good for currency)

 

Friday, March 30th

 

 5:00am JPY Housing Starts y/y (-4.10%, > good for currency)

 All Day CHF Bank Holiday

 All Day EUR German Bank Holiday

 6:45am EUR French Consumer Spending m/m (2.20%, > good for currency)

 6:45am EUR French Preliminary CPI m/m (0.80%, > good for currency)

 All Day GBP Bank Holiday

 9:00am EUR Italian Preliminary CPI m/m (0.10%, > good for currency)

 All Day CAD Bank Holiday

 

Saturday, March 31st

 

 1:00am CNY Manufacturing PMI (last 50.3)

 1:00am CNY Non-Manufacturing PMI (last 54.4)

 2:00pm NZD Daylight Saving Time Shift

 4:00pm AUD Daylight Saving Time Shift

 

 

Technical Forecast and Levels to Watch for the Majors This Week

 

EURUSD: Higher

Resistance:

Initial: 1.2381/94, 1.2407/12, 1.2439/46, 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, 1.2978/98, 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 and 1.3489/1.3524.

Above: 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: 1.2355/62, 1.2323/37, 1.2323, 1.2296/97, 1.2270/73, 1.2241/60, 1.2218/19, 1.2206, 1.2162/65, 1.2155, 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 and 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 Higher

Resistance:

Initial: 105.18, 105.25/33, 105.41/45, 105.52/60, 105.70, 106.15/25, 106.31/38, 106.54, 106.72/82, 106.94, 107.05, 107.18, 107.29/39, 107.48/49, 107.62/67, 107.83/90, 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: 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: 1.4219, 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: 1.4170/79, 1.4145/48, 1.4130, 1.4108, 1.4089, 1.4079, 1.4066/70, 1.4052/56, 1.4041, 1.4000/11, 1.3980, 1.3942/45, 1.3929, 1.3889, 1.3877, 1.3853/57, 1.3835/40, 1.3819, 1.3781, 1.3764, 1.3744, 1.3712, 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, 1.1844 and 1.0520.

 

AUDUSD: Higher

Resistance:

Initial: 0.7748/64, 0.7772/84, 0.7790/92, 0.7806/08, 0.7817, 0.7825, 0.7834/0.7875, 0.7884/96, 0.7896/0.7924, 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: 0.7731/46, 0.7713/28, 0.7673/0.7713, 0.7622/63, 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: Mildly Lower

Resistance:

Initial: 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, 1.3207/23, 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: 1.2829/36, 1.2818/22, 1.2804/10, 1.2797/98, 1.2770/88, 1.2751/62, 1.2742/46, 1.2727, 1.2712/16, 1.2700, 1.2671/96, 1.2649/65, 1.2631, 1.2622/25, 1.2615, 1.2613, 1.2609, 1.2590/97, 1.2575, 1.2563, 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: 0.7287/97, 0.7304/09, 0.7310/22, 0.7328/31, 0.7349/51, 0.7357/62, 0.7366/68, 0.7375/78, 0.7386/89, 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: 0.7271/80, 0.7265, 0.7235/57, 0.7209, 0.7160/86, 0.7124/53, 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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