The NZDCAD resumes the rise – Analysis – 12-12-2022
Economies.com
2022-12-12 05:49AM UTC
The NZDCAD pair succeeded to resume the bullish attack to record many positive targets by touching 0.8760 level, while the positivity is caused by the frequent stability above 0.8575 support line, in addition to the major indicators that provide the positive momentum recently.
These factors allow us to suggest more rise, to expect targeting 0.8810 barrier soon, while surpassing it might extend trades towards 0.8890 as a next target for the bullish trades.
The expected trading range for today is between 0.8675 and 0.8810
The expected trend for today: Bullish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...