NZD USD trades positively 01/02/2013

Economies.com
2013-02-01 06:25AM UTC

The pair begins the attempts to surpass 0.8400, but Stochastic negative pressure supports the minor resistance strength which holds the recently recorded top levels that appear in the above image.

 

In general, the continuation of the trading inside the current main bullish channel keeps the overall positive scenario valid, supported by the stability above EMA50, to wait for upside targets begin at 0.8500.

 

Expected trading range for today is between: 0.8300 support and 0.8600 resistance.

 

Expected trend for today: Bullish

 

Forex and Currency News

Forex News

Forex

Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
USD/CHF news

Forex

Franc is best performing major currency after Swiss data
2024-05-02 07:52AM UTC
Swiss Franc rallied in European trade on Thursday, extending gains for the second straight day ...
Forex News

Forex

Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...

Forex Technical Analysis

EUR USD Analysis

Forex

The EURUSD price forecast update - 02-05-2024
2024-05-02 09:05AM UTC
EURUSD Trading Report The EURUSD price continues to fluctuate around 1.0715$ level, and we still ...
EUR GBP Analysis

Forex

The EURGBP tests key support – Forecast today – 2-5-2024
2024-05-02 08:15AM UTC
Expected Scenarios The EURGBP price formed many bearish trades recently, to test 38.2% ...
EUR JPY Analysis

Forex

The EURJPY tests the major support – Forecast today – 2-5-2024
2024-05-02 08:09AM UTC
Expected Scenarios The EURJPY pair activated the profit gaining process yesterday by forming ...