The GBPNZD holds above the support – Analysis – 21-5-2019
Economies.com
2019-05-21 07:06AM UTC
The GBPNZD pair faced 1.9450 level at the recent negative crawling, which forms the main bullish channel’s support line, to force the price to renew the positive attempts by bouncing towards 1.9535, while the continuous stability of the current support and stochastic positive momentum signals by reaching 80 level allow us to expect forming new bullish attack to press on the moving average 55 at 1.9600, while surpassing it might extend trades towards 1.9725 in the upcoming period.
The expected trading range for today is between 1.9450 and 1.9600
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex
Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex Technical Analysis
Forex
The EURJPY achieves some targets – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Bullish Attack EURJPY pair utilizes ...
Forex
The GBPJPY begins to rise – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Correctional Decline Ended GBPJPY pair ...
Forex
The USDCHF price attempts to recover – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
USDCHF Price Analysis The USDCHF price shows positive trades, indicating a potential resumption ...