Midday update for NZDUSD 07-11-2017
Economies.com
2017-11-07 10:48AM UTC
The NZDUSD pair shows bearish bias to head towards the bearish flag's support line mentioned this morning, located now at 0.6880, as the price needs to break this level to get negative motive that reinforces the expectations of continuing the decline in the upcoming period, supported by the negative signal provided by stochastic.
Therefore, the negative overview will remain valid for today conditioned by holding below 0.6992.
Expected trading range for today is between 0.6820 support and 0.6992
Expected trend for today: Bearish
Forex and Currency News
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...
Forex
The EURJPY achieves the second target – Forecast today – 26-4-2024
2024-04-26 06:47AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair formed new bullish rally ...