IGTFX technical analysis

[igtfx.research]

IGTFX technical analysis, Today, we are looking to report about the JPY, IGTFX , AUD, EUR and USD. We are also expecting a lot of economic data this week, IGTFX , which could be important indicators for the currency movements. IGTFX , Anyways, we hope you had a great weekend and wish you a nice start in the new trading week. IGTFX ,

IGTFX , Market Review – IGTFX , Fundamental Perspective
IGTFX , The JPY dropped versus most of its major counterparts as signs the global economic recovery is gathering momentum, IGTFX , which sparked demand for higher yielding assets. IGTFX , The USD climbed towards an 11-week high versus the JPY before reports this week, IGTFX , which are from economists expected may show that U.S. IGTFX , labor market is improving. IGTFX , According to a survey, the U.S. IGTFX , may have added 190,000 jobs in March, which would be the most since March 2007. IGTFX , The EUR/USD climbed with a gap and touched the resistance level at 1.3464 before pulling back to 1.3435. IGTFX , The JPY climbed against almost all the major currencies including the CHF after it reached a high at 87.45, IGTFX , which was the highest peak since the end of January. IGTFX ,

IGTFX , The AUD also gained after expectations that the Reserve Bank of Australia may lift its benchmark interest rate to rein inflation. IGTFX , Australia’s retail sales climbed 0.3% in February, after gaining 1.2 percent the previous month, according to a median forecast of economists. IGTFX , Australia’s central bank will hold its next policy meeting on April 6th. IGTFX , The AUD/JPY climbed towards its highest level since the middle of January after it boosted over 60 pips reaching a high at 84.27. IGTFX , The strong AUD also climbed against the USD after it crossed its resistance level around 0.9060 and left the bearish trend channel. IGTFX , The EUR/AUD fell back after it reached a high at 1.4948, the highest point since March 17th.IGTFX ,

IGTFX , The EUR strengthened for a fourth trading day against the JPY after concern about Greece’s financial situation abated and speculation that the 16-nation region’s economic recovery could get derailed were reduced. The EUR/JPY pulled back a bit after it gained to a high at 124.97, IGTFX , which is a resistance level from March 15th and February 22nd. It climbed for a second day against the GBP after it reached a high at 0.9039.

IGTFX , Daily Technical Analysis - IGTFX , Our Focus Currencies for Today


IGTFX , EUR/USD (1 Hour)

IGTFX , After falling along the bearish pitch and reach a low around 1.3266, the EUR/USD pulled up and started a bullish phase along an upward trend line. IGTFX , After it crossed the upper line of the downward pitchfork, the pair reached a new high near 1.3461 which is very close to its resistance level from March 22nd. IGTFX , If the market cross the resistance level around 1.3464, it may continue its bullish phase along the upward trend line. IGTFX ,
IGTFX , Intraday Support & Resistance IGTFX , (Daily)Support Levels around Resistance Levels around
1.3372 1.35
1.3325 1.3544
1.3266 1.3567

IGTFX , USD/JPY (1 Hour)

IGTFX , After unexpectedly rising to its highest peak since the beginning of the year, the USD/JPY pulled down a bit and is currently moving close to the support level around 92.30. As you can see, IGTFX , the Bollinger Bands are signalizing a direction change while they are moving close together. If the market breaks the support line around 92.30, IGTFX , the market may recover back from its abrupt increase. IGTFX ,

IGTFX , Intraday Support & Resistance IGTFX , (H1)Support Levels around IGTFX , Resistance Levels around
92.3 92.66
92.1 92.8
91.74 92.93

 

[nwar]

wow..tecnical anylisis

 

[igtfx.research]

IGTFX technical analysis, Today, we are looking to report about the JPY, IGTFX , AUD, EUR and USD. We are also expecting a lot of economic data this week, IGTFX , which could be important indicators for the currency movements. IGTFX , Anyways, we hope you had a great weekend and wish you a nice start in the new trading week. IGTFX ,

IGTFX , Market Review – IGTFX , Fundamental Perspective
IGTFX , The JPY dropped versus most of its major counterparts as signs the global economic recovery is gathering momentum, IGTFX , which sparked demand for higher yielding assets. IGTFX , The USD climbed towards an 11-week high versus the JPY before reports this week, IGTFX , which are from economists expected may show that U.S. IGTFX , labor market is improving. IGTFX , According to a survey, the U.S. IGTFX , may have added 190,000 jobs in March, which would be the most since March 2007. IGTFX , The EUR/USD climbed with a gap and touched the resistance level at 1.3464 before pulling back to 1.3435. IGTFX , The JPY climbed against almost all the major currencies including the CHF after it reached a high at 87.45, IGTFX , which was the highest peak since the end of January. IGTFX ,

IGTFX , The AUD also gained after expectations that the Reserve Bank of Australia may lift its benchmark interest rate to rein inflation. IGTFX , Australia’s retail sales climbed 0.3% in February, after gaining 1.2 percent the previous month, according to a median forecast of economists. IGTFX , Australia’s central bank will hold its next policy meeting on April 6th. IGTFX , The AUD/JPY climbed towards its highest level since the middle of January after it boosted over 60 pips reaching a high at 84.27. IGTFX , The strong AUD also climbed against the USD after it crossed its resistance level around 0.9060 and left the bearish trend channel. IGTFX , The EUR/AUD fell back after it reached a high at 1.4948, the highest point since March 17th.IGTFX ,

IGTFX , The EUR strengthened for a fourth trading day against the JPY after concern about Greece’s financial situation abated and speculation that the 16-nation region’s economic recovery could get derailed were reduced. The EUR/JPY pulled back a bit after it gained to a high at 124.97, IGTFX , which is a resistance level from March 15th and February 22nd. It climbed for a second day against the GBP after it reached a high at 0.9039.

IGTFX , Daily Technical Analysis - IGTFX , Our Focus Currencies for Today


IGTFX , EUR/USD (1 Hour)

IGTFX , After falling along the bearish pitch and reach a low around 1.3266, the EUR/USD pulled up and started a bullish phase along an upward trend line. IGTFX , After it crossed the upper line of the downward pitchfork, the pair reached a new high near 1.3461 which is very close to its resistance level from March 22nd. IGTFX , If the market cross the resistance level around 1.3464, it may continue its bullish phase along the upward trend line. IGTFX ,
IGTFX , Intraday Support & Resistance IGTFX , (Daily)Support Levels around Resistance Levels around
1.3372 1.35
1.3325 1.3544
1.3266 1.3567

IGTFX , USD/JPY (1 Hour)

IGTFX , After unexpectedly rising to its highest peak since the beginning of the year, the USD/JPY pulled down a bit and is currently moving close to the support level around 92.30. As you can see, IGTFX , the Bollinger Bands are signalizing a direction change while they are moving close together. If the market breaks the support line around 92.30, IGTFX , the market may recover back from its abrupt increase. IGTFX ,

IGTFX , Intraday Support & Resistance IGTFX , (H1)Support Levels around IGTFX , Resistance Levels around
92.3 92.66
92.1 92.8
91.74 92.93
open demo account

 

[igtfx.research]

IGTFX technical analysis, South pacific markets will be on the main focus in our report today. IGTFX , The higher-yielding NZD and AUD performed huge monthly profits against lower-yielding pairs like the USD and the JPY. IGTFX ,

IGTFX , Nevertheless, IGTFX , we wish you a nice and successful trading day!


IGTFX , Market Review – IGTFX , Fundamental Perspective

IGTFX , The NZD gained to its highest level since the middle of January at 65.93 IGTFX , against the JPY before a government report showed that the nations’ home-building approvals gained in February for the first time in three months. Permits to build homes in IGTFX , New Zealand increased 5.9 percent in February, IGTFX , which pushed speculations that residential construction will help accelerate the nations’ economic growth this year and spurs the central bank to raise its benchmark interest rate. IGTFX , The AUD gained over its resistance level from the end of February before reports tomorrow, IGTFX , are expected to show that retail sales gained 0.3 percent in February and building approvals rose 2.1 percent, IGTFX , according to surveys of economists. IGTFX , IGTFX , A lot of statistics and surveys give also a sign IGTFX , that the Reserve Bank of Australia will increase its target rate on the coming policy meeting on April 6th.IGTFX ,

IGTFX , The NZD has gained for a fourth day versus the USD, IGTFX , trading around 0.7100 while it fell for a second day against the strong EUR, coming back from a high at 1.9018. IGTFX , The NZD gained 1.6 percent versus the USD this month while the AUD/USD climbed 2.4 percent. Against the JPY, IGTFX , the NZD and the AUD added a 5.3 percent and a 6.1 percent monthly-gain. IGTFX , Benchmark interest rates are 4 percent in Australia and 2.5 percent in New Zealand, IGTFX , compared with 0.1 percent in Japan and as low as zero in the U.S., IGTFX , spurring demand to the South Pacific nation’s higheryielding assets.IGTFX ,

IGTFX , The JPY extended its gains from its almost three-month low versus the USD after Japan’s industrial production fell in February IGTFX , and the unemployment rate held at the lowest level since March 2009. IGTFX , The Jobless rate stayed at 4.9 percent after two monthly declines. IGTFX , Separate government reports today showed a 0.5 percent drop in February house spending, IGTFX , which was the first decline in seven months. IGTFX , The USD/JPY fell to a low near 92.12 after it reached a daily high around 92.95 last Thursday.IGTFX ,

IGTFX , Daily Technical Analysis - IGTFX , Our Focus Currencies for Today

NZD/JPY (1 Hour)

IGTFX , Since March 24th the NZD/JPY has been moving above a bullish Fibonacci fan. IGTFX , After recovering below the resistance level around 65.65, the pair reached the upper level of the fan for the second time. IGTFX , As you can see, IGTFX , the MACD may still signalize a bearish recovery. IGTFX , If the pair enters the Fibonacci fan, we might see further falls towards the support levels around 65.11 and 64.85. IGTFX ,

IGTFX , Intraday Support & Resistance (1 Hour) Support Levels around Resistance Levels around . IGTFX ,
65.11 65.65
64.85 65.75
64.5 65.95

EUR/JPY (Daily)

IGTFX , Since the beginning of the year, the EUR/JPY has been falling along a downward Fibonacci fan. IGTFX , As we can see, IGTFX , the market reached the horizontal resistance around 125.00 for the third time after it entered back the upper area of the fan last week. IGTFX , If the market doesn’t break the resistance line around 125.00 but break the Fibonacci fan, IGTFX , it might continue it’s sideways movement below the resistance point. IGTFX , If the pair not even breaks the fan, we might see further bearish movements. IGTFX ,



Intraday Support & Resistance (Daily) Support Levels around Resistance Levels around
121.9 125
121 126.35
120.1 127.25

open demo account

 

[igtfx.research]

IGTFX technical analysis, South pacific markets will be on the main focus in our report today. IGTFX , The higher-yielding NZD and AUD performed huge monthly profits against lower-yielding pairs like the USD and the JPY. IGTFX ,

IGTFX , Nevertheless, IGTFX , we wish you a nice and successful trading day!


IGTFX , Market Review – IGTFX , Fundamental Perspective

IGTFX , The NZD gained to its highest level since the middle of January at 65.93 IGTFX , against the JPY before a government report showed that the nations’ home-building approvals gained in February for the first time in three months. Permits to build homes in IGTFX , New Zealand increased 5.9 percent in February, IGTFX , which pushed speculations that residential construction will help accelerate the nations’ economic growth this year and spurs the central bank to raise its benchmark interest rate. IGTFX , The AUD gained over its resistance level from the end of February before reports tomorrow, IGTFX , are expected to show that retail sales gained 0.3 percent in February and building approvals rose 2.1 percent, IGTFX , according to surveys of economists. IGTFX , IGTFX , A lot of statistics and surveys give also a sign IGTFX , that the Reserve Bank of Australia will increase its target rate on the coming policy meeting on April 6th.IGTFX ,

IGTFX , The NZD has gained for a fourth day versus the USD, IGTFX , trading around 0.7100 while it fell for a second day against the strong EUR, coming back from a high at 1.9018. IGTFX , The NZD gained 1.6 percent versus the USD this month while the AUD/USD climbed 2.4 percent. Against the JPY, IGTFX , the NZD and the AUD added a 5.3 percent and a 6.1 percent monthly-gain. IGTFX , Benchmark interest rates are 4 percent in Australia and 2.5 percent in New Zealand, IGTFX , compared with 0.1 percent in Japan and as low as zero in the U.S., IGTFX , spurring demand to the South Pacific nation’s higheryielding assets.IGTFX ,

IGTFX , The JPY extended its gains from its almost three-month low versus the USD after Japan’s industrial production fell in February IGTFX , and the unemployment rate held at the lowest level since March 2009. IGTFX , The Jobless rate stayed at 4.9 percent after two monthly declines. IGTFX , Separate government reports today showed a 0.5 percent drop in February house spending, IGTFX , which was the first decline in seven months. IGTFX , The USD/JPY fell to a low near 92.12 after it reached a daily high around 92.95 last Thursday.IGTFX ,

IGTFX , Daily Technical Analysis - IGTFX , Our Focus Currencies for Today

NZD/JPY (1 Hour)

IGTFX , Since March 24th the NZD/JPY has been moving above a bullish Fibonacci fan. IGTFX , After recovering below the resistance level around 65.65, the pair reached the upper level of the fan for the second time. IGTFX , As you can see, IGTFX , the MACD may still signalize a bearish recovery. IGTFX , If the pair enters the Fibonacci fan, we might see further falls towards the support levels around 65.11 and 64.85. IGTFX ,

IGTFX , Intraday Support & Resistance (1 Hour) Support Levels around Resistance Levels around . IGTFX ,
65.11 65.65
64.85 65.75
64.5 65.95

EUR/JPY (Daily)

IGTFX , Since the beginning of the year, the EUR/JPY has been falling along a downward Fibonacci fan. IGTFX , As we can see, IGTFX , the market reached the horizontal resistance around 125.00 for the third time after it entered back the upper area of the fan last week. IGTFX , If the market doesn’t break the resistance line around 125.00 but break the Fibonacci fan, IGTFX , it might continue it’s sideways movement below the resistance point. IGTFX , If the pair not even breaks the fan, we might see further bearish movements. IGTFX ,



Intraday Support & Resistance (Daily) Support Levels around Resistance Levels around
121.9 125
121 126.35
120.1 127.25

open demo account

 

[igtfx.research]

IGTFX technical analysis Market Review – igtfx , Fundamental Perspective

igtfx , The GBP gained for a third day versus the USD after reports showed the U.K. igtfx , gross domestic product increased more than expected in the fourth quarter while house-prices grew as well. igtfx , The GBP performed its biggest gain since October versus the EUR as the Office for the National Statistics published that the U.K. igtfx , economy grew 0.4 percent in the last three months of 2009, compared with a previous estimate of 0.3 percent. igtfx , The GBP gained versus the JPY as well after it showed its sixth daily gain and reached its highest point since February 23rd. igtfx , The Nationwide Building Society said the average cost of a home rose 0.7 percent from February igtfx , and 9 percent from the last year. igtfx , The GBP/JPY climbed to a high near 140.63 while the EUR/GBP has fallen to a low around 0.8878. igtfx ,

igtfx , The AUD has fallen against the igtfx , USD and the igtfx , igtfx , NZD after retail sales and home-building approvals unexpectedly fell in February, igtfx , which decreased pressure on the central bank to raise the benchmark interest rate next week. igtfx , Australian retail sales fell 1.4 percent in igtfx , February while the median forecast of 19 economists expected a 0.3 percent increase. igtfx , The nations’ building approvals in February fell 3.3 percent while economists expected a 2.1 percent increase. igtfx , Anyway, igtfx , the AUD/USD fell back from its one-week high and reached a low near 0.9140 while the AUD/NZD fell over 50 pips, igtfx , touching a low by 1.2879. igtfx ,

igtfx , The JPY fell to its lowest level since January 12th against the EUR as signs of a global recovery pushed demand for Japan’s currency as a refuge. igtfx , The JPY fell against all 16 of the major currencies before an industry report today, is expected to show that U.S. companies added jobs for the first time since January 2008. igtfx , The EUR/USD fell for a second day touching a low near 1.3392 while the EUR/JPY extended its gains to its high from yesterday around 125.45. igtfx ,

igtfx , Daily Technical Analysis - igtfx , Our Focus Currencies for Today


AUD/CAD (Daily)

igtfx , Since the beginning of November, igtfx , the AUD/CAD has been falling along a bearish trend line and a support level around 0.9240. igtfx , As we can see, igtfx , the market pulled back after it tested the price above the long-term bearish trend line. igtfx , Furthermore the Commodity Cannel Index may signalize an overbought market. igtfx , This might be a sign for a continuing bearish trend towards the support around 0.9240. igtfx ,
igtfx , Intraday Support & Resistance igtfx , (Daily)Support Levels around Resistance Levels around igtfx ,
igtfx , 0.924 igtfx , 0.9385
igtfx , 0.9194 igtfx , 0.942
igtfx , N/A igtfx , 0.945

GBP/USD (4 Hour)

igtfx , After breaking the downward trend line on March 26th, igtfx , the GBP/USD gained until it reached the horizontal resistance level around 1.5115. igtfx , Williams’ Percent Range is still moving above the -20 level. The Indicator already reached a high around the -6.04 level, igtfx , which is the resistance from the middle of March and February. igtfx , Nevertheless, igtfx , a break though the level around -20 could be a short signal. igtfx ,
igtfx , Intraday Support & Resistance igtfx , (4 Hour)Support Levels around Resistance Levels around igtfx ,
igtfx , 1.4995 igtfx , 1.5115
igtfx , 1.4925 igtfx , 1.52
igtfx , 1.487 igtfx , 1.536

 

[igtfx.research]

IGTFX technical analysis Market Review – igtfx , Fundamental Perspective

igtfx , The GBP gained for a third day versus the USD after reports showed the U.K. igtfx , gross domestic product increased more than expected in the fourth quarter while house-prices grew as well. igtfx , The GBP performed its biggest gain since October versus the EUR as the Office for the National Statistics published that the U.K. igtfx , economy grew 0.4 percent in the last three months of 2009, compared with a previous estimate of 0.3 percent. igtfx , The GBP gained versus the JPY as well after it showed its sixth daily gain and reached its highest point since February 23rd. igtfx , The Nationwide Building Society said the average cost of a home rose 0.7 percent from February igtfx , and 9 percent from the last year. igtfx , The GBP/JPY climbed to a high near 140.63 while the EUR/GBP has fallen to a low around 0.8878. igtfx ,

igtfx , The AUD has fallen against the igtfx , USD and the igtfx , igtfx , NZD after retail sales and home-building approvals unexpectedly fell in February, igtfx , which decreased pressure on the central bank to raise the benchmark interest rate next week. igtfx , Australian retail sales fell 1.4 percent in igtfx , February while the median forecast of 19 economists expected a 0.3 percent increase. igtfx , The nations’ building approvals in February fell 3.3 percent while economists expected a 2.1 percent increase. igtfx , Anyway, igtfx , the AUD/USD fell back from its one-week high and reached a low near 0.9140 while the AUD/NZD fell over 50 pips, igtfx , touching a low by 1.2879. igtfx ,

igtfx , The JPY fell to its lowest level since January 12th against the EUR as signs of a global recovery pushed demand for Japan’s currency as a refuge. igtfx , The JPY fell against all 16 of the major currencies before an industry report today, is expected to show that U.S. companies added jobs for the first time since January 2008. igtfx , The EUR/USD fell for a second day touching a low near 1.3392 while the EUR/JPY extended its gains to its high from yesterday around 125.45. igtfx ,

igtfx , Daily Technical Analysis - igtfx , Our Focus Currencies for Today


AUD/CAD (Daily)

igtfx , Since the beginning of November, igtfx , the AUD/CAD has been falling along a bearish trend line and a support level around 0.9240. igtfx , As we can see, igtfx , the market pulled back after it tested the price above the long-term bearish trend line. igtfx , Furthermore the Commodity Cannel Index may signalize an overbought market. igtfx , This might be a sign for a continuing bearish trend towards the support around 0.9240. igtfx ,
igtfx , Intraday Support & Resistance igtfx , (Daily)Support Levels around Resistance Levels around igtfx ,
igtfx , 0.924 igtfx , 0.9385
igtfx , 0.9194 igtfx , 0.942
igtfx , N/A igtfx , 0.945

GBP/USD (4 Hour)

igtfx , After breaking the downward trend line on March 26th, igtfx , the GBP/USD gained until it reached the horizontal resistance level around 1.5115. igtfx , Williams’ Percent Range is still moving above the -20 level. The Indicator already reached a high around the -6.04 level, igtfx , which is the resistance from the middle of March and February. igtfx , Nevertheless, igtfx , a break though the level around -20 could be a short signal. igtfx ,
igtfx , Intraday Support & Resistance igtfx , (4 Hour)Support Levels around Resistance Levels around igtfx ,
igtfx , 1.4995 igtfx , 1.5115
igtfx , 1.4925 igtfx , 1.52
igtfx , 1.487 igtfx , 1.536

 

[kassimzz]

tak faham... jelaskan lagi tuan tanah

 

[igtfx.research]

IGTFX , Market Review – IGTFX , Fundamental Perspective

IGTFX , The AUD gained and reached almost its strongest level since January against the JPY on speculation that investors bought higher-yielding assets on increasing signs of a global economic recovery. IGTFX , The NZD gained the fifth day versus the USD after the International Monetary Fund commentated that New Zealand’s currency overvalued and it may pull down. “Our estimates suggest the currency is presently overvalued by 10 percent to 25 percent,” the IMF said in its statement. IGTFX , “Part of the overvaluation may be temporary and the exchange rate may depreciate as IGTFX , the interest-rate IGTFX , differential narrows with eventual tightening by the U.S. Federal Reserve.” IGTFX , Benchmark interest rate is 2.5 percent in New Zealand while Japan’s rate stays at 0.1 percent and U.S.’ interest rate is near zero. IGTFX , The NZD/JPY fell back after it reached the resistance level around 66.30. IGTFX , It reached a day-low at 65.75 while the AUD/JPY came back after it extended gains towards its highest point around 86.20. IGTFX ,

IGTFX , The USD/JPY climbed to its highest level since the beginning of the year before a report today is expected to show that U.S. IGTFX , employers added jobs the most since three years. The USD/JPY reached a high near 93.62, IGTFX , which is the highest level since January 7th. Today, the USD gained also against the NZD after it dropped yesterday for the fifth time. IGTFX , The pair reached a low around 0.7042 after it opened at 0.7042.IGTFX ,

IGTFX , The CAD climbed to its highest level in almost two weeks against the USD after an economic report showed that the nation grew at the fastest pace in three years in January. IGTFX , The gross domestic product increased 0.6 percent from December, IGTFX , which was the fifth straight rise and the biggest since December 2006, Statistics Canada published in Ottawa. IGTFX , The USD/CAD fell for a fourth day after it touched a day-low near 1.0136. TIGTFX , he CAD/JPY reached a record high around 92.32, IGTFX , which was its highest peak since October 2008. The CAD/CHF pulled up from its support around 1.0330 and reached a high by 1.0396.IGTFX ,

IGTFX , Daily Technical Analysis - IGTFX , Our Focus Currencies for Today

NZD/JPY (Daily)

IGTFX , Since February 25th, the NZD/JPY has been moving in a bullish trend channel. IGTFX , After touching the lower line of the channel, it pulled up and reached its resistance level around 66.30. As we can see, IGTFX , the CCI indicator reached its resistance level near 160, which could be a signal for an overvalued NZD.IGTFX ,

IGTFX , Intraday Support & Resistance IGTFX , (Daily)Support Levels around Resistance Levels around. IGTFX ,
IGTFX , 64.85 IGTFX , 66.3
IGTFX , 62.9 IGTFX , 66.85
IGTFX , 60.95 IGTFX , 68.

USD/JPY (Daily)

After breIGTFX , aking the resistance level around 92.20, the USD/JPY extended its IGTFX , upward trend and reached finally the level around 93.40, which is the highest since January. In the meantime, IGTFX , the RSI stayed right below the resistance level at 70, which may indicate an overbought market. IGTFX , If the market doesn’t break the resistance level around 93.40, IGTFX , we might see a pull-back towards the next support level which could be around 92.20.IGTFX ,



IGTFX , Intraday Support & Resistance IGTFX , (Daily)Support Levels around Resistance Levels around.IGTFX ,
IGTFX , 92.2 IGTFX , 93.4
IGTFX , 91.2 IGTFX , 95.45
IGTFX , 88.45 IGTFX , N/A

 

[igtfx.research]

IGTFX , Market Review – IGTFX , Fundamental Perspective

IGTFX , The AUD gained and reached almost its strongest level since January against the JPY on speculation that investors bought higher-yielding assets on increasing signs of a global economic recovery. IGTFX , The NZD gained the fifth day versus the USD after the International Monetary Fund commentated that New Zealand’s currency overvalued and it may pull down. “Our estimates suggest the currency is presently overvalued by 10 percent to 25 percent,” the IMF said in its statement. IGTFX , “Part of the overvaluation may be temporary and the exchange rate may depreciate as IGTFX , the interest-rate IGTFX , differential narrows with eventual tightening by the U.S. Federal Reserve.” IGTFX , Benchmark interest rate is 2.5 percent in New Zealand while Japan’s rate stays at 0.1 percent and U.S.’ interest rate is near zero. IGTFX , The NZD/JPY fell back after it reached the resistance level around 66.30. IGTFX , It reached a day-low at 65.75 while the AUD/JPY came back after it extended gains towards its highest point around 86.20. IGTFX ,

IGTFX , The USD/JPY climbed to its highest level since the beginning of the year before a report today is expected to show that U.S. IGTFX , employers added jobs the most since three years. The USD/JPY reached a high near 93.62, IGTFX , which is the highest level since January 7th. Today, the USD gained also against the NZD after it dropped yesterday for the fifth time. IGTFX , The pair reached a low around 0.7042 after it opened at 0.7042.IGTFX ,

IGTFX , The CAD climbed to its highest level in almost two weeks against the USD after an economic report showed that the nation grew at the fastest pace in three years in January. IGTFX , The gross domestic product increased 0.6 percent from December, IGTFX , which was the fifth straight rise and the biggest since December 2006, Statistics Canada published in Ottawa. IGTFX , The USD/CAD fell for a fourth day after it touched a day-low near 1.0136. TIGTFX , he CAD/JPY reached a record high around 92.32, IGTFX , which was its highest peak since October 2008. The CAD/CHF pulled up from its support around 1.0330 and reached a high by 1.0396.IGTFX ,

IGTFX , Daily Technical Analysis - IGTFX , Our Focus Currencies for Today

NZD/JPY (Daily)

IGTFX , Since February 25th, the NZD/JPY has been moving in a bullish trend channel. IGTFX , After touching the lower line of the channel, it pulled up and reached its resistance level around 66.30. As we can see, IGTFX , the CCI indicator reached its resistance level near 160, which could be a signal for an overvalued NZD.IGTFX ,

IGTFX , Intraday Support & Resistance IGTFX , (Daily)Support Levels around Resistance Levels around. IGTFX ,
IGTFX , 64.85 IGTFX , 66.3
IGTFX , 62.9 IGTFX , 66.85
IGTFX , 60.95 IGTFX , 68.

USD/JPY (Daily)

After breIGTFX , aking the resistance level around 92.20, the USD/JPY extended its IGTFX , upward trend and reached finally the level around 93.40, which is the highest since January. In the meantime, IGTFX , the RSI stayed right below the resistance level at 70, which may indicate an overbought market. IGTFX , If the market doesn’t break the resistance level around 93.40, IGTFX , we might see a pull-back towards the next support level which could be around 92.20.IGTFX ,



IGTFX , Intraday Support & Resistance IGTFX , (Daily)Support Levels around Resistance Levels around.IGTFX ,
IGTFX , 92.2 IGTFX , 93.4
IGTFX , 91.2 IGTFX , 95.45
IGTFX , 88.45 IGTFX , N/A