NZD is the strongest currency today. What does the charts say about the NZDUSD

Traders like breaks off lows (and perhaps a little failure)
The NZD is the strongest currency in trading today.  Looking at the % changes of the major currencies vs the NZD, the EURNZD is now the biggest % mover at 1.04%. The NZDCHF has a 0.97% ch…

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Forex technical analysis: USDCHF rallies off swing low level. Tests key MA resistance

The 200  and 100 hour MAs being tested.
The USDCHF bottomed at the last lows from October 4. That was a double bottom at 0.9710 area. The low today reached 0.97109.  Call it a triple bottom now. Traders who leaned against the low were rewarde…

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The NZD is the strongest. The GBP is tumbling and the weakest as NA traders enter for the day.

USD is mixed
The GBP is getting a pounding as NA traders enter for the trading day.  
Cable is down against all the major currency pairs and the pairs are trending. The NZD is the strongest currency, with the GBPNZD leading the way. The GBPNZ…

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Forexlive Americas FX news wrap: FOMC meeting minutes deemed more dovish

Forex news for NY trading on October 11, 2017.
A snapshot of other markets near the day’s close has:
– Spot gold is up $5.11 to 1293.13. The precious metal got a boost on a weaker dollar into the close. The $1296 area remains a key area to get to and t…

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