Dollar Versus Kiwi and Franc January 9th

FX Strategy Video > Currency Pairs Analysis

NZD/USD had a very quiet day for the Friday session as it sits on the 0.78 level. The longer term charts are suggesting a bit of consolidation, and the commodity markets will confuse this pair even more. A sideways move is probably coming, but with a downward bias.

The USD/CHF pair made a fresh high for this rally on Friday yet looks like it is ready to pull back. As long as we are above 0.93 – it’s a buy.

Published on 6th of January 2012
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