Forex Market General Overview

The Forex market general overview includes discussion and analysis of the economic prospects of a single country's currency.

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James Hyerczyk 07-09-2008 Market Analysis
Analysis The NZD/USD main trend is down.  The market is down six days from the last main top at .7664 (06-30-08), but nearing the last main bottom at .7445 (06-13-08). Gann Angles There is ...... Read More

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James Hyerczyk 07-09-2008 Market Analysis
Traders sought the safety of the New Zealand Dollar on Wednesday as bearish Freddie Mac and Fannie Mae news drove this market higher. Traders seeking a higher yield with less risk also bought the ...... Read More

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James Hyerczyk 07-15-2008 Market Analysis
The main trend turned up in the NZD/USD on a trade through .7662.   The follow through to the upside indicates that it was real buying other than short-covering. Look for this move to ...... Read More

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James Hyerczyk 07-16-2008 Market Analysis
The main trend is up in the NZD/USD, but appears to be overbought.  The lack of follow through to the upside today is a sign that prices may be too high for new money. The strong U.S. stock ...... Read More

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James Hyerczyk 07-17-2008 Market Analysis
The NZD/USD felt pressure on Thursday from traders reallocating assets out of New Zealand and into the U.S. stock markets.Although the higher yield offered by this country is attractive, traders ...... Read More

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James Hyerczyk 07-20-2008 Market Analysis
Weekly Recap The NZD/USD is facing downside pressure as traders await the next interest rate decision from the Reserve Bank of New Zealand. Forecasts are for the central bank to leave rates ...... Read More

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James Hyerczyk 07-22-2008 Market Analysis
The NZD USD is facing downside pressure as traders await the next interest rate decision from the Reserve Bank of New Zealand on July24. Speculation is building that the RBNZ will reduce its target ...... Read More

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