NZDUSD fails to breach – Analysis - 15-12-2016
Economies.com
2016-12-15 05:17AM UTC
The NZDUSD pair bounced downwards sharply yesterday after failing to breach 0.7215 level, to head towards 0.7049 direct, which represents important key to detect the next destination, as breaking it will push the price to show more negative trading that its next main target located at 0.6915
Therefore, we expect the domination of the bearish trend on the upcoming trading unless the price managed to breach 0.7215 level and holding above it.
Expected trading range for today is between 0.7000 support and 0.7215
Expected trend for today: Bearish
Forex and Currency News
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
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 Technical Analysis
Forex
The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...