NZDUSD gets a positive motive – Analysis - 10-07-2018

Economies.com
2018-07-10 03:52AM UTC

The NZDUSD pair trades positively now, motivated by the positive signal provided by stochastic on the four hours’ time frame, which supports the continuation of our bullish overview on the intraday and short term basis, waiting to test 0.6900 level that represents the bearish channel’s resistance that appears on the chart.

 

The EMA50 supports the expected rise, which its continuation conditions holding above 0.6770.

 

Expected trading range for today is betwenen 0.6800 support and 0.6920

 

Expected trend for today: Bullish

Forex and Currency News

AUD/USD news

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 ...
GBP/USD 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 News

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 Technical Analysis

Technical Analysis

Forex

The CADJPY settles within the bullish track – Forecast today – 24-4-2024
2024-04-24 05:44AM UTC
CADJPY Price Analysis Expected Scenario The CADJPY price kept its consolidation within ...
EUR JPY Analysis

Forex

The EURJPY surpasses the resistance – Forecast today – 24-4-2024
2024-04-24 05:38AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair didn’t get enough of ...
GBP JPY Analysis

Forex

The GBPJPY achieves the targets – Forecast today – 24-4-2024
2024-04-24 05:37AM UTC
Suggested Scenarios and Trading Range Analysis Scenario: Sustained Bullish Momentum The ...