Midday update for NZDUSD 15-06-2017

Economies.com
2017-06-15 10:23AM UTC

The NZDUSD pair is testing the key support 0.7215 now, accompanied by stochastic reach to the oversold areas, which supports the chances of bouncing bullishly to resume the bullish trend in the upcoming sessions, which targets 0.7329 followed by 0.7484 levels.

 

Therefore, we will continue to suggest the bullish trend for today unless breaking 0.7215 level, reminding you that breaking this level will push the price towards 0.7049 before any new positive attempt.

 

Expected trading range for today is between 0.7160 support and 0.7350

 

Expected trend for today: Bullish

Forex and Currency News

USD/JPY news

Forex

Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex 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 ...
AUD/USD news

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 Technical Analysis

AUD USD Analysis

Forex

The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
GBP USD Analysis

Forex

The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 08-05-2024
2024-05-08 09:35AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles below the intraday ...