Midday update for NZDUSD 28-07-2017

Economies.com
2017-07-28 11:17AM UTC

The NZDUSD pair pushes negatively on the key support 0.7484 to move below it now, which urges caution from the upcoming trading, as holding below it will push the price to achieve more decline that targets testing 0.7329 areas before attempting to return to rise again.

 

Until now, the morning suggested scenario will remain valid unless we witnessed daily close below 0.7484, waiting to head towards 0.7600 as a next main station.

 

Expected trading range for today is between 0.7400 support and 0.7600

 

Expected trend for today: Bullish

Forex and Currency News

USD/JPY news

Forex

Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
EUR/USD news

Forex

Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
USD/JPY news

Forex

Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price consolidates above the support – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for USDCHF Expected Scenario The USDCHF price couldn’t manage to ...
NZD USD Analysis

Forex

The NZDUSD price needs the positive momentum – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for NZDUSD Expected Scenario The NZDUSD price shows sideways trades in the ...
AUD USD Analysis

Forex

The AUDUSD price heads towards resting the neckline – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for AUDUSD Expected Scenario The AUDUSD price faces temporary negative ...