NZDUSD tests the initial support – Analysis - 22-09-2017
Economies.com
2017-09-22 04:01AM UTC
The NZDUSD pair shows bearish bias to test 0.7275 level, noticing that the EMA50 meets the mentioned support to add more strength to it, while stochastic shows clear oversold signals now.
Therefore, these factors encourage us to continue suggesting the bullish trend in the upcoming sessions, and the targets begin at 0.7383 and extend to 0.7558 after breaching the previous level, reminding you that holding above 0.7187 is important to continue to expected bullish trend.
Expected trading range for today is between 0.7200 support and 0.7383
Expected trend for today: Bullish
Forex and Currency News
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
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 Technical Analysis
Forex
The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...
Forex
The EURJPY achieves the second target – Forecast today – 26-4-2024
2024-04-26 06:47AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair formed new bullish rally ...
Forex
The GBPJPY records big gains – Forecast today – 26-4-2024
2024-04-26 06:46AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair succeeded to keep the bullish ...