Midday update for NZDUSD 23-01-2017
Economies.com
2017-01-23 11:35AM UTC
0.7215 level still forming solid obstacle against the NZDUSD pair's attempts to rise, to show some slight bearish bias now, noting that stochastic shows overbought signals now that might push the price to provide some temporary negative trading before turning back to rise again.
In general, the bullish trend scenario will remain active for today unless breaking 0.7115 level and holding below it, reminding you that breaching 0.7215 level will lead the price to head towards 0.7329 direct.
Expected trading range for today is between 0.7115 support and 0.7329
Expected trend for today: Bullish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
Forex
The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
Forex
The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...