Midday update for NZDUSD 15-11-2017
Economies.com
2017-11-15 10:56AM UTC
The NZDUSD pair tests 0.6900 barrier now, and the EMA50 forms negative pressure against the intraday trading, while stochastic keeps losing the positive momentum on the four hours' time frame.
Therefore, our bearish overview will remain active for today unless breaching 0.6992 level and holding above it, reminding you that our main targets begin at 0.6818 and extend to 0.6618 after breaking the previous level.
Expected trading range for today is between 0.6780 support and 0.6925
Expected trend for today: Bearish
Forex and Currency News
Forex
Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex
Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
Forex
Euro gains ground and heads for $1.07
2024-04-22 07:45AM UTC
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 23-04-2024
2024-04-23 11:05AM UTC
The GBPUSD price tested the key resistance 1.2385$ and bounced bearishly from there, to keep the ...
Forex
The EURUSD price forecast update - 23-04-2024
2024-04-23 11:05AM UTC
The EURUSD price shows sideways trades since morning, and continues to fluctuate around the EMA50, ...
Forex
The GBPCHF under the negative effect – Forecast today – 23-4-2024
2024-04-23 05:12AM UTC
GBPCHF Pair Price Analysis Expected Scenario The GBPCHF pair still affected by the ...