Technical Analysis – 2nd September, 2014 | Vantage FX

Technical Analysis – 2nd September, 2014

September 2, 2014

Monday 2, September 2014


Intraday Support & Resistance Levels


Technical Indicator Signals


Currency Pair Spotlight

NZDUSD: The NZD once was a star currency but now has lost most of its gains from this year. Certainly, the economic growth is not as strong as the RBNZ had forecasted at the beginning of the year. New Zealand business sentiment has dropped for six months in a row and the dairy industry is facing fiercer competition from other countries. The NZ economy has now impacted the rate hike. As such, we may not see further rising for the rest of this year and the Kiwi/Dollar may continue its bearishness under 0.84.

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


Today’s Key Economic Calendar Events

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


Risk Disclosure: In addition to the website disclaimer below, the material on this page prepared by MXT Global Pty Ltd, does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. The research contained in this report should not be construed as a solicitation to trade. All opinions, news, research, analyses, prices or other information is provided as general market commentary and marketing communication – not as investment advice. Consequently any person acting on it does so entirely at their own risk. The experts writers express their personal opinions and will not assume any responsibility whatsoever for the actions of the reader. We always aim for maximum accuracy and timeliness and MXT Global shall not be liable for any loss or damage, consequential or otherwise, which may arise from the use or reliance on the service and its content, inaccurate information or typos. No representation is being made that any results discussed within the report will be achieved, and past performance is not indicative of future performance.




Fast & Easy Account Opening Start Now!

  • Please enter a valid data!

  • Please enter a valid data!

  • Please enter a valid data!

  • Please enter a valid data!

  • Please enter a valid data!
Forex Promotions

Open a live account today to gain exclusive access to our 8 Forex Promotions. 

Find out more.