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Bullish outlook on NZD/USD from UOB Group.

UOB analysts provided their bullish outlook on NZD/USD yesterday. “The 0.7030 stop-loss for the current bullish NZD view is barely intact (overnight low of 0.7032). There is a slim prospect that this level may continue to hold but unless NZD can move and stay above 0.7105 by end of today, the outlook for this pair […]

Bearish targets on NZD/USD from Barclays.

Barclays analysts provided setups for several major currencies. According to them NZD/USD will decline to 0.6545 areas. “We are bearish against the 0.7055 range highs. A break below nearby support in the 0.6805 area would confirm a top under 0.7055 and open targets near initial targets near 0.6760. Measured targets for the top are towards […]

Bearish target on NZD/USD from Barclays.

Barclays Capital provided its technical setups for several major currency pairs. The analysts provided a bearish target on NZD/USD. “Failure to sustain a breach of resistance near 0.6990 along with last week’s topping candle helps to keep us bearish. We are looking for a move lower towards targets near 0.6760 and then the 0.6670 area. […]

Bearish target on NZD/USD from Barclays Capital.

According to the latest technical setups from Barclays Capital the analysts are bearish on NZD/USD currency pair. “We are bearish against resistance in the 0.6990 area and look for a move below 0.6760 to signal lower towards targets near 0.6670 and then 0.6545” written in the report. As of 4:56 PM EDT the NZD/USD was […]