Midday update for NZDUSD 29-06-2017
Economies.com
2017-06-29 10:44AM UTC
The NZDUSD pair shows bearish bias after finding a difficulty to surpass 0.7329 level this morning, where the price affected by stochastic negativity, and the price might head to test the EMA50 befor it returns to rise again.
In general, the bullish trend scenario remains valid in the upcoming period unless breaking 0.7215 level and holding below it, reminding you that breaching 0.7329 required to reinforce the expectations of targeting 0.7484 level in the upcoming period.
Expected trading range for today is between 0.7265 support and 0.7450
Expected trend for today: Bullish
Forex and Currency News
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex
Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
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 Technical Analysis
Forex
The GBPAUD prepares to decline – Forecast today – 25-4-2024
2024-04-25 05:48AM UTC
GBPAUD Price Analysis The GBPAUD price confirmed its surrender to the domination of the bearish ...
Forex
The EURJPY achieves big gains – Forecast today – 25-4-2024
2024-04-25 05:42AM UTC
EURJPY Pair Analysis The EURJPY pair succeeded to resume the bullish attack since this morning ...
Forex
The GBPJPY resumes the rise – Forecast today – 25-4-2024
2024-04-25 05:41AM UTC
GBPJPY Pair Analysis The GBPJPY pair took advantage of the frequent positive pressures to ...