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Weekly Forex Market Forecasts for May 21st – May 25th

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 May 21st – May 25th, 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, May 20th

 

 10:45pm NZD Retail Sales q/q (0.10% expected, > is good for currency)

 10:45pm NZD Visitor Arrivals m/m (-1.30% expected, > is good for currency)

 10:47pm NZD Core Retail Sales q/q (0.60% expected, > is good for currency)

 11:01pm GBP Rightmove HPI m/m (0.80% expected, > is good for currency)

 11:50pm JPY Trade Balance (0.55T expected, > is good for currency)

 

Monday, May 21st

 

3:00am NZD Credit Card Spending y/y (7.00% expected, > is good for currency)

 All Day CHF Bank Holiday

 All Day EUR French Bank Holiday

 All Day EUR German Bank Holiday

 8:00am EUR ECB Financial Stability Review (hawkish is good for currency)

 All Day CAD Bank Holiday

 2:30pm AUD CB Leading Index m/m (last 0.30% expected, > is good for currency)

 3:30pm USD FOMC Member Bostic Speaks (hawkish is good for currency)

 

Tuesday, May 22nd

 

5:00am JPY BOJ Core CPI y/y (0.60% expected, > is good for currency)

 8:15am GBP MPC Member Vlieghe Speaks (hawkish is good for currency)

 8:30am GBP Public Sector Net Borrowing (7.2B expected, > is good for currency)

 9:00am GBP Inflation Report Hearings (hawkish is good for currency)

 10:00am GBP CBI Industrial Order Expectations (2 expected, > is good for currency)

 Tentative EUR German Buba Monthly Report (hawkish is good for currency)

 12:30pm CAD Wholesale Sales m/m (0.90% expected, > is good for currency)

 1:00pm CNY CB Leading Index m/m (last 1.70% expected, > is good for currency)

 2:00pm USD Richmond Manufacturing Index (9 expected, > is good for currency)

 

Wednesday, May 23rd

 

12:30am AUD MI Leading Index m/m (last -0.20% expected, > is good for currency)

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

 1:30am AUD Construction Work Done q/q (1.30% expected, > is good for currency)

 4:30am JPY All Industries Activity m/m (0.10% expected, > is good for currency)

 7:00am EUR French Flash Manufacturing PMI (53.6 expected, > is good for currency)

 7:00am EUR French Flash Services PMI (57.3 expected, > is good for currency)

 7:30am EUR German Flash Manufacturing PMI (57.9 expected, > is good for currency)

 7:30am EUR German Flash Services PMI (53.2 expected, > is good for currency)

 8:00am AUD RBA Governor Lowe Speaks (hawkish is good for currency)

 8:00am EUR Flash Manufacturing PMI (56.2 expected, > is good for currency)

 8:00am EUR Flash Services PMI (54.7 expected, > is good for currency)

 8:30am GBP CPI y/y (2.50% expected, > is good for currency)

 8:30am GBP PPI Input m/m (1.10% expected, > is good for currency)

 8:30am GBP RPI y/y (3.40% expected, > is good for currency)

 8:30am GBP Core CPI y/y (2.20% expected, > is good for currency)

 8:30am GBP HPI y/y (4.40% expected, > is good for currency)

 8:30am GBP PPI Output m/m (0.30% expected, > is good for currency)

 10:00am GBP CBI Realized Sales (2 expected, > is good for currency)

 1:45pm USD Flash Manufacturing PMI (56.6 expected, > is good for currency)

 1:45pm USD Flash Services PMI (54.9 expected, > is good for currency)

 2:00pm EUR Consumer Confidence (1 expected, > is good for currency)

 2:00pm USD New Home Sales (680K expected, > is good for currency)

 2:30pm USD Crude Oil Inventories (last -1.4M expected, > is good for currency)

 6:00pm USD FOMC Meeting Minutes (hawkish is good for currency)

 10:45pm NZD Trade Balance (200M expected, > is good for currency)

 

Thursday, May 24th

 

 6:00am EUR German Final GDP q/q (0.30% expected, > is good for currency)

 6:00am EUR German GfK Consumer Climate (10.8 expected, > is good for currency)

 8:00am GBP BOE Governor Carney Speaks (hawkish is good for currency)

 8:15am USD FOMC Member Dudley Speaks (hawkish is good for currency)

 8:30am GBP Retail Sales m/m (0.80% expected, > is good for currency)

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

 11:30am EUR ECB Monetary Policy Meeting Accounts (hawkish is good for currency)

 12:30pm CAD Corporate Profits q/q (last -1.90% expected, > is good for currency)

 12:30pm USD Weekly Initial Jobless Claims (220K expected, < is good for currency)

 1:00pm EUR Belgian NBB Business Climate (0.8 expected, > is good for currency)

 1:00pm USD HPI m/m (0.40% expected, > is good for currency)

 2:00pm USD Existing Home Sales (5.56M expected, > is good for currency)

 2:30pm USD Natural Gas Storage (last 106B expected, > is good for currency)

 2:35pm USD FOMC Member Bostic Speaks (hawkish is good for currency)

 Tentative GBP BOE Governor Carney Speaks (hawkish is good for currency)

 11:30pm JPY Tokyo Core CPI y/y (0.60% expected, > is good for currency)

 

Friday, May 25th

 

 8:00am EUR German Ifo Business Climate (102 expected, > is good for currency)

 8:30am GBP Second Estimate GDP q/q (0.10% expected, > is good for currency)

 8:30am GBP Preliminary Business Investment q/q (0.20% expected, > is good for currency)

 8:30am GBP High Street Lending (37.8K expected, > is good for currency)

 8:30am GBP Index of Services 3m/3m (0.30% expected, > is good for currency)

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

 12:00pm AUD RBA Assistant Governor Bullock Speaks (hawkish is good for currency)

 12:30pm USD Core Durable Goods Orders m/m (0.50% expected, > is good for currency)

 12:30pm USD Durable Goods Orders m/m (-1.50% expected, > is good for currency)

 1:20pm GBP BOE Governor Carney Speaks (hawkish is good for currency)

 1:20pm USD Fed Chair Powell Speaks (hawkish is good for currency)

 2:00pm USD Revised University of Michigan Consumer Sentiment (98.8 expected, > is good for currency)

 2:00pm USD Revised University of Michigan Inflation Expectations (last 2.80% expected, > is good for currency)

 3:45pm USD FOMC Member Bostic Speaks (hawkish is good for currency)

 3:45pm CAD Median CPI y/y (last 2.10% expected, > is good for currency)

 3:45pm CAD Retail Sales m/m (0.30% expected, > is good for currency)

 3:45pm CAD Trimmed CPI y/y (last 2.00% expected, > is good for currency)

 3:45pm CAD Core CPI m/m (last 0.20% expected, > is good for currency)

 1:15pm USD FOMC Member Brainard Speaks (hawkish is good for currency)

 

 

Technical Forecast and Levels to Watch for the Majors This Week

 

EURUSD: Lower

Resistance:

Initial: 1.1753/55, 1.1775, 1.1786/88, 1.1810/36, 1.1846, 1.1857/79, 1.1900/16, 1.1925, 1.1938/43, 1.1960/68, 1.1975/86, 1.1993, 1.2003/09, 1.2026, 1.2033/42, 1.2056, 1.2069, 1.2081/92, 1.2133, 1.2143, 1.2155, 1.2162/65, 1.2206, 1.2215/19, 1.2240/60, 1.2270/73, 1.2284, 1.2296/99, 1.2323, 1.2323/45, 1.2355/62, 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, 1.2834/86, 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: 1.1723/29, 1.1711/17, 1.1687/95, 1.1676, 1.1660/69, 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: 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, 114.35/37, 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: 110.93/111.05, 110.80/92, 110.58/66, 110.39/48, 110.19/27, 110.02/09, 109.72/92, 109.53/54, 109.41/45, 109.01/10, 108.98, 108.70/83, 108.54/65, 108.42/46, 108.12/28, 108.00/05, 107.83/90, 107.62/67, 107.48/49, 107.29/39, 107.18, 107.01/05, 106.94, 106.72/88, 106.54/62, 106.31/38, 106.15/25, 105.52/70, 105.41/45, 105.25/33, 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: Lower

Resistance:

Initial: 1.3444, 1.3458, 1.3464/87, 1.3494, 1.3501, 1.3519, 1.3532, 1.3544/48, 1.3561, 1.3582/85, 1.3594, 1.3613/17, 1.3653/55, 1.3683, 1.3712, 1.3744/48, 1.3764, 1.3781, 1.3819, 1.3835/40, 1.3853/57, 1.3877, 1.3889, 1.3929, 1.3942/45, 1.3966, 1.3980, 1.4000/14, 1.4041, 1.4052/56, 1.4066/70, 1.4079, 1.4089, 1.4105/08, 1.4130, 1.4145/48, 1.4170/79, 1.4219, 1.4232/34, 1.4247/51, 1.4278, 1.4298, 1.4321/25, 1.4331, 1.4344/51, 1.4361, 1.4374/76, 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: 1.3415/20, 1.3371, 1.3352/58, 1.3332/46, 1.3314/19, 1.3300/07, 1.3272/90, 1.3264/66, 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: Lower

Resistance:

Initial: 0.7532/47, 0.7560/66, 0.7570/78, 0.7580/98, 0.7602/09, 0.7614/18, 0.7622/34, 0.7673, 0.7694/0.7713, 0.7713/28, 0.7731/46, 0.7748/64, 0.7772/85, 0.7790/92, 0.7806/08, 0.7817, 0.7825, 0.7834/0.7875, 0.7884/0.7924, 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: 0.7497/0.7525, 0.7486/92, 0.7468/76, 0.7452, 0.7439/46, 0.7412/20, 0.7405/07, 0.7393, 0.7362/87, 0.7356, 0.7337/43, 0.7310/29, 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 Higher

Resistance:

Initial: 1.2875/78, 1.2884, 1.2891/1.2915, 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, 1.3124/39, 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: 1.2860/64, 1.2856/58, 1.2815/36, 1.2803/10, 1.2797/98, 1.2788, 1.2756, 1.2687, 1.2649/65, 1.2631, 1.2622/25, 1.2615, 1.2613, 1.2609, 1.2590/98, 1.2575, 1.2563, 1.2537, 1.2525/27, 1.2497, 1.2471, 1.2447/61, 1.2431/40, 1.2421/22, 1.2406/13, 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: Lower

Resistance:

Initial: 0.6903/04, 0.6911/26, 0.6930/34, 0.6944/54, 0.6974/87, 0.6991/96, 0.7003, 0.7014/27, 0.7032/59, 0.7065/69, 0.7073/79, 0.7085/91, 0.7102/16, 0.7124/53, 0.7160/68, 0.7186/0.7209, 0.7235/57, 0.7265, 0.7271/80, 0.7287/97, 0.7304/09, 0.7310/22, 0.7328/31, 0.7349/54, 0.7357/62, 0.7366/68, 0.7375/78, 0.7386/89, 0.7394/95, 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: 0.6890/95, 0.6880/89, 0.6872/79, 0.6857/64, 0.6828/51, 0.6804/22, 0.6790/93, 0.6780/84, 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.

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