Midday update for NZD USD 02/10/2015

Economies.com
2015-10-02 10:56AM UTC

The NZDUSD pair fluctuates near 0.6395 level, showing some slight bullish bias affected by stochastic passivity, while the overall bearish trend scenario remains valid unless witnessing daily close above 0.6395 level, waiting for resuming the bearish wave that its targets begin at 0.6160 and extend to 0.6000.

 

Expected trading range for today is between 0.6270 support and 0.6455 resistance.

 

Expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar under pressure ahead of Christopher Waller's speech
2024-03-27 11:18AM UTC
The dollar declined in European trade on Wednesday against a basket of major rivals away from ...
USD/JPY news

Forex

Japan sends the stronger warning after yen crashes to 34-year nadir
2024-03-27 08:50AM UTC
Yen tumbled in European trade on Wednesday against a basket of major rivals, sharpening losses for ...
AUD/USD news

Forex

Aussie is worst performing G8 currency after inflation data
2024-03-27 05:33AM UTC
The Australian dollar fell in Asian trade on Wednesday against a basket of major rivals on track ...

Forex Technical Analysis

EUR GBP Analysis

Forex

The EURGBP settles below the resistance – Forecast today – 28-3-2024
2024-03-28 05:37AM UTC
EURGBP Pair Analysis and Forecast Expected Scenarios New negative close below the bearish ...
EUR JPY Analysis

Forex

The EURJPY leans above the major support – Forecast today – 28-3-2024
2024-03-28 05:35AM UTC
EURJPY Pair Analysis and Forecast Expected Scenarios Stability above the bullish ...
GBP JPY Analysis

Forex

The GBPJPY repeats the negative closings – Forecast today – 28-3-2024
2024-03-28 05:35AM UTC
GBPJPY Pair Analysis and Forecast Expected Scenarios Weak trades yesterday with fluctuation ...