Midday update for the NZDUSD 31-01-2023

Economies.com
2 months ago

The NZDUSD pair continues to decline to approach 0.6400 barrier, waiting for more decline in the upcoming sessions to visit 0.6365 as a next main target, noting that breaking this level will push the price to 0.6275 as a next station, while the expected decline will remain valid unless breaching 0.6510 and holding above it.

 

The expected trading range for today is between 0.6370 support and 0.6500 resistance

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

US unemployment claims rise past estimates
2 days ago
US unemployment claims rose to 198 thousand in the week ending March 25, above estimates of 196 ...
Forex News

Forex

US economy grows less than expected in fourth quarter
2 days ago
US GDP grew 2.6% y/y in the fourth quarter of 2022, down from 3.2% in the third quarter, and ...
Forex News

Forex

Dollar plumbs week lows ahead of US growth data
2 days ago
Dollar fell in European trade against a basket of major rivals with markets considering whether the ...

Forex Technical Analysis

GBP USD Analysis

Forex

Midday update for the GBPUSD 31-03-2023
1 day ago
The GBPUSD pair tested 1.2400 barrier and bounced bearishly to trade at the intraday bullish ...
EUR USD Analysis

Forex

Midday update for the EURUSD 31-03-2023
1 day ago
The EURUSD pair shows some slight bearish bias now, affected by stochastic negativity, waiting to ...
Technical Analysis

Forex

The GBPCAD keeps the positivity – Analysis – 31-3-2023
1 day ago
The GBPCAD pair formed bullish channel recently, to notice recording many gains by touching 1.6700 ...