Midday update for NZD USD 03/11/2014

Economies.com
2014-11-03 11:39AM UTC

The NZDUSD pair trading remains confined between the critical levels represented by 0.7720 support and 0.7905 resistance, which have the keys of detecting the next trend on the short term basis, and that keeps us neutral until now until the price manage to surpass one of these levels to detect its next targets clearly, which we mentioned in our morning issued report.

 

Expected trading range for today is between: 0.7700 support and 0.7905 resistance.

 

Expected trend for today: Neutral

 

Forex and Currency News

AUD/USD news

Forex

Aussie parks at two month highs even as Australian wages slow down
2024-05-15 04:23AM UTC
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, ...
Forex News

Forex

Dollar under pressure ahead of inflation data, Powell's speech
2024-05-14 10:58AM UTC
Dollar fell in European trade on Tuesday against a basket of major rivals, on track for the second ...
USD/JPY news

Forex

Yen tumbles to two-week lows, triggering concerns of official Japanese intervention
2024-05-14 04:08AM UTC
Yen fell in Asian trade on Tuesday against a basket of major rivals, sharpening losses for the ...

Forex Technical Analysis

EUR GBP Analysis

Forex

The EURGBP leans above the moving average – Forecast today – 15-5-2024
2024-05-15 05:36AM UTC
  EURGBP Price Analysis Expected Scenario The EURGBP price ended the recent trades ...
EUR JPY Analysis

Forex

The EURJPY lacks the positive momentum – Forecast today – 15-5-2024
2024-05-15 05:33AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair ended the recent positive rally ...
GBP JPY Analysis

Forex

The GBPJPY fluctuates below the barrier – Forecast today – 15-5-2024
2024-05-15 05:32AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair touched 197.10 target yesterday, ...