NZDUSD recovers – Analysis - 12-03-2018
Economies.com
2018-03-12 05:03AM UTC
The NZDUSD pair opens today’s trading with strong positivity to breach 0.7281 and settles above it, to move inside an intraday bullish channel that supports the chances of regaining the main bullish trend, on its way to achieve potential gains that start at 0.7370 and extend to 0.7436.
Therefore, we suggest witnessing more rise in the upcoming sessions, supported by the EMA50, taking into consideration that breaking 0.7281 – 0.7260 levels will put the price within the correctional bearish track again.
Expected trading range for today is between 0.7260 support and 0.7400
Expected trend for today: Bullish
Forex and Currency 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
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
Euro gains ground and heads for $1.07
2024-04-22 07:45AM UTC
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 23-04-2024
2024-04-23 11:05AM UTC
The GBPUSD price tested the key resistance 1.2385$ and bounced bearishly from there, to keep the ...
Forex
The EURUSD price forecast update - 23-04-2024
2024-04-23 11:05AM UTC
The EURUSD price shows sideways trades since morning, and continues to fluctuate around the EMA50, ...
Forex
The GBPCHF under the negative effect – Forecast today – 23-4-2024
2024-04-23 05:12AM UTC
GBPCHF Pair Price Analysis Expected Scenario The GBPCHF pair still affected by the ...