Midday update for NZDUSD 08-03-2017
Economies.com
2017-03-08 11:24AM UTC
The NZDUSD pair bounced lower after retesting 0.6973 level this morning, to resume its bearish track heading to our next target at 0.6848.
Therefore, we will keep our bearish trend expectations valid for today unless breaching 0.6973 level and holding above it, pointing that the EMA50 forms negative pressure that supports the suggested decline.
Expected trading range for today is between 0.6848 support and 0.7020
Expected trend for today: Bearish
Forex and Currency News
Forex
Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...
Forex
Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
Forex
Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex Technical Analysis
Forex
The GBPCAD provides positive signal – Forecast today – 30-4-2024
2024-04-30 05:40AM UTC
GBPCAD Price Analysis Expected Scenario The GBPCAD price concluded recent trades with a ...
Forex
The EURJPY attempts to confirm the positivity – Forecast today – 30-4-2024
2024-04-30 05:35AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair ended the mixed trades by ...
Forex
The GBPJPY regains the bullish attack – Forecast today – 30-4-2024
2024-04-30 05:33AM UTC
GBPJPY Pair Analysis Expected Scenario The GBPJPY pair ended yesterday by providing a new ...