Trial now
EURJPY TECHS

Needle Still Points North

USDJPY TECHS

Consolidating At Trendline Support

EURGBP TECHS

Support Remains Under Pressure

GBPUSD TECHS

Key Resistance Exposed

EURUSD TECHS

Consolidating

EUROSTOXX50 TECHS

(M1) Approaching Key Support

AUSSIE-KIWI
AUSSIE-KIWI: NZD's post-RBNZ rally allowed AUD/NZD to print at the lowest levels
seen since early April on Thursday, with the rate last dealing at NZ$1.0459,
little changed on the day.
- The unwind of modest market pricing of the chance of a cut at yesterday's RBNZ
decision helped the cross to edge lower, with the AU/NZ 2-Year swap differential
sitting just off the recent cycle low at writing.
- Bears target a clean break below yesterday's low at NZ$1.0442 to open up the
April 02 low at NZ$1.0434, with a break here opening the 50% retracement of the
YtD range at NZ$1.0419. Bulls need to reclaim NZ$1.0500, and ideally the 100-DMA
at NZ$1.0508, to regain to some poise.
- The latest NZ ANZ business confidence survey is due at the top of the hour.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com