Chart of the Day: NZD/USD

Hi all!

Hope you’ve all made some great trades this week so far. Three more trading days left in the week and I look forward to them being lucrative ones. 🙂

So, my choice for Chart of the Day is NZD/USD. The pair has been trending upwards practically since March and really performed well last night and into the early morning hours. It’s on a pullback at the moment but I’m sure it’s temporary as “nothing goes up forever”. Let’s look at the chart, shall we? :

nzd.usd 9.22.09

The pair rose over 160 pips during  the course of 12 hours. It was a steady climb which shows the overall strength of the pair. Keep an eye out for important NZD economic data out at 3:45 pm PST. It concerns GDP for New Zealand.

In other news, I have begun sending out daily emails(5 days a week) containing my potential trade picks for Forex. If you are interested in receiving these emails, please contact me at , and I will add you to the list. I’m sure the picks could be helpful to those of you who may want a list of currency pairs to keep an eye on to trade. 😀

Have a wonderful day, everyone!



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