Monthly Archives: January 2014

Trading New Zealand Dollar Rate before Chinese New Year – NZDUSD

On 29 Jan 2014, we have KIWI interest rate. 29 Jan is just few days before Chinese New Year! I’m going to do a quick post on NZDUSD to see what the market is seeing and expecting for this interest rate announcement. Monthly Chart Shows


USDJPY penetrates multi-year resistance zone but needs to find support

USDJPY overcomes signifiant resistance but consolidation necessary The USDJPY currency pair is trading on the other side of a multi-year support resistance zone. By trading at least 6 weeks above a zone centred around 103.00, USDJPY appears to have conquered the resistance decisively – not