Analysis and Recommendation: (close of the Asian session)

NZD/USD  is trading at .8284 having opened this morning at 0.8306. Here just like with its cousins in Australia and Japan there is very little activity to move the currencies. There is virtually no economic reports due in the Asian countries and little in the US. If there are any moves it will be on perceived strength and weakness of the USD coming from the EU. The pair are expected to remain in this range until midweek.

Economic Events: (GMT)

Mar. 06

00:30

 

AUD

 
 
 

Current Account 

 

03:30

 

AUD

 
 
 

Interest Rate Decision 

 

03:30

 

AUD

 
 
 

RBA Rate Statement 

width=645Government Bond Auction Schedule

Mar 05  10:10  Norway  Bond auction

Mar 06  10:10  Greece  Auctions 6M T-bills

Mar 06  10:15  Austria  Bond auction

Mar 06  10.30  UK  Auctions 0.75% 2034 I/L Gilt

Mar 06  15:30  UK  Details gilt auction on Mar 15

Mar 07  10:10  Sweden  Nominal bond auction

Mar 07  10:30  Germany  Eur 4.0bn Feb 2017 Bobl

Mar 07  10.30  UK  Auctions new Sep 2017 conventional Gilt

Mar 08  16:00  US

Announces auctions of 3Y Notes on Mar 12, 10Y Notes on Mar

13 & 30Y Bonds on Mar 14

Mar 08  16:30  Italy   Details BOT auction on Mar 13

Mar 09  11:00  Belgium  OLO mini bond auction

Mar 09  16:30  Italy   Details BTP/CCTeu on Mar 14

 

NZD/USD Pivot Points (Time Frame: 1 Day)

 

Name S3 S2 S1 Pivot R1 R2 R3

Classic
0.8194
0.8225
0.8247
0.8278
0.8300
0.8331
0.8353

Fibonacci
0.8225
0.8246
0.8258
0.8278
0.8299
0.8311
0.8331

Camarilla
0.8253
0.8258
0.8263
0.8278
0.8273
0.8278
0.8283

Woodie's
-
0.8223
0.8242
0.8276
0.8294
0.8329
-

DeMark's
-
-
0.8289
0.8273
0.8236
-
-