Technical Talk:NZD/USD 27-09-2018

Technical Analysis: Focus on rising trendline support
Our preference: short positions below 0.6670 with targets at 0.6630 & 0.6610 in extension.Alternative scenario: above 0.6670 look for further upside with 0.6685 & 0.6700 as targets.

 

Technical Talk: AUD/USD 26-09-2018

AUDUSD hovers near falling trend line; indicators signal bullish retracement.Our preference: short positions below 0.7275 with targets at 0.7245 & 0.7235 in extension.
Alternative scenario: above 0.7275 look for further upside with 0.7290 & 0.7300 as targets.

Key economic events for the week (Sep 24-Sep 28)

MONDAY, SEP 24
08:00    GER IFO – Expectations (Sep)
08:00    GER IFO – Business Climate (Sep)
08:00    GER IFO – Current Assessment (Sep)
12:30    USD Chicago Fed National Activity Index (Aug)
23:50    JPY BoJ Monetary Policy Meeting Minutes 

TUESDAY, SEP 25
05:30    JPY Bank of Japan Governor Kuroda Speech 
08:40    GBP MPC Member Vlieghe speech
13:00    USD S&P/Case-Shiller Home Price Indices (YoY) (Jul)
13:00    USD Housing Price Index (MoM) (Jul)
22:45    NZD Trade Balance (MoM) (Aug)
22:45    NZD Trade Balance (YoY) (Aug)
22:45    NZD Exports (Aug)
22:45    NZD Imports (Aug)

WEDNESDAY, SEP 26

18:00    USD FOMC Economic Projections
18:00    USD Fed’s Powell Speech
18:00    USD Fed’s Monetary Policy Statement
18:00    USD Fed Interest Rate Decision
18:30    USD FOMC Press conference
21:00    NZD RBNZ Rate Statement
21:00    NZD RBNZ Interest Rate Decision
21:00    NZD Monetary Policy Statement
22:00    NZD RBNZ Press Conference 

THURSDAY, SEP 27
24h       USD OPEC meeting
06:00    GER Gfk Consumer Confidence Survey (Oct)
06:35    JPY Bank of Japan Governor Kuroda Speech 
08:00    EUR Economic Bulletin
09:00    EUR Business Climate (Sep)
11:45    GBP MPC Member Haldane Speech
12:00    GER Harmonized Index of Consumer Prices (YoY) (Sep)
12:30    USD Initial Jobless Claims (Sep 21)
12:30    USD Continuing Jobless Claims (Sep 14)
12:30    USD Gross Domestic Product Annualized (Q2)
12:30    USD Gross Domestic Product Price Index (Q2)
12:30    USD Personal Consumption Expenditures Prices (QoQ) (Q2)
12:30    USD Core Personal Consumption Expenditures (QoQ) (Q2)
12:30    USD Durable Goods Orders (Aug)
12:30    USD Durable Goods Orders ex Transportation (Aug)
14:00    USD Pending Home Sales (MoM) (Aug)
16:30    USD FOMC Member Kaplan Speech
21:45    CAD BoC Governor Poloz Speech 
22:45    NZD Building Permits s.a. (MoM) (Aug)
23:01    GBP Gfk Consumer Confidence (Sep)
23:30    JPY Tokyo CPI ex Food, Energy (YoY) (Sep)
23:30    JPY Tokyo CPI ex Fresh Food (YoY) (Sep)
23:30    JPY Tokyo Consumer Price Index (YoY) (Sep)
23:30    JPY Jobs/applicants ratio (Aug)
23:30    JPY Unemployment Rate (Aug)
23:50    JPY Foreign investment in Japan stocks (Sep 21)
23:50    JPY Foreign bond investment (Sep 21)
23:50    JPY Retail Trade (YoY) (Aug)
23:50    JPY Retail Trade s.a (MoM) (Aug)
23:50    JPY Large Retailers’ Sales (Aug)

FRIDAY, SEP 28
01:45    CNY Caixin Manufacturing PMI (Sep)
06:45    FRA Consumer Price Index (EU norm) (YoY) (Sep)
07:00    CHF KOF Leading Indicator (Sep)
07:55    GER Unemployment Change (Sep)
07:55    GER Unemployment Rate s.a. (Sep)
08:30    GBP Gross Domestic Product (YoY) (Q2)
08:30    GBP Gross Domestic Product (QoQ) (Q2)
09:00    EUR Consumer Price Index (YoY) (Sep)
09:00    EUR Consumer Price Index – Core (YoY) (Sep)

12:30    USD Personal Consumption Expenditures – Price Index (YoY) (Aug)
12:30    USD Core Personal Consumption Expenditure – Price Index (MoM) (Aug)
12:30    USD Personal Income (MoM) (Aug)
12:30    USD Core Personal Consumption Expenditure – Price Index (YoY) (Aug)
12:30    USD Personal Spending (Aug)
12:30    USD Personal Consumption Expenditures – Price Index (MoM) (Aug)
12:30    CAD Gross Domestic Product (MoM) (Jul)
13:20    GBP BOE Ramsden Speech
13:45    USD Chicago Purchasing Managers’ Index (Sep)
17:00    USD Baker Hughes US Oil Rig Count

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Technical Talk: EUR/USD (21-09-2018)

Technical Analysis: Remains bid near term, now targets 1.1853
Our preference: long positions above 1.1755 with targets at 1.1800 & 1.1830 in extension.Alternative scenario: below 1.1755 look for further downside with 1.1735 & 1.1710 as targets.

Technical Talk: AUD/JPY (20-09-2018)

Technical Analysis: pair could have a re look at 50-hour MA support
Our preference: the upside prevails as long as 81.31 is support.
Alternative scenario: the downside breakout of 81.31 would call for 80.95 and 80.74.

Technical Talk: NZD/USD (19-09-2018)

Bulls need progress soon
Our preference: long positions above 0.6575 with targets at 0.6620 & 0.6645 in extension. Alternative scenario: below 0.6575 look for further downside with 0.6560 & 0.6550 as targets