Technical Analysis – 25th February, 2015

February 25, 2015

Wednesday 25th, February 2015

 

Intraday Support & Resistance Levels

Intraday 250215 | Vantage FX

 

Technical Indicator Signals

Technical Indicator 250215 | Vantage FX

 

Currency Pair Spotlight

NZDUSD 250215 | Vantage FX

NZDUSD: The New Zealand Dollar once slid almost 100 pips versus the USD after inflation expectations fell to 1.8% from 2.1% of previous quarter’s reading. It recovered half of its loss after Yellen’s speech but still cannot rise back above the 0.75 level. A head-and-shoulders pattern has been formed and NZDUSD remains bearish and may fall to previous lows of 0.73.

For a full market wrap up, see Anthony’s Daily Forex Market Report.

 

Today’s Key Economic Calendar Events

Economic Calendar 250215 | Vantage FX

For the full week’s outlook of events, please see our Economic Calendar

 

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