NZD/USD Weekly Technical Report 13-17/1/2014
ecPulse
2014-01-13 08:27AM UTC
NZDUSD is retesting 0.8330-0.8335 key resistance, after rebounding strongly of the 50-days SMA, forming a bullish candle stick formation. A break and stability above 0.8330 should signal further upside for the pair this week. We favor the bullish bias this week, looking for 0.8410-0.8415 resistance area as the next upside target. Meanwhile, 0.8200 level should limit any downside pullback for the bullish bias to remain intact.
Forex and Currency 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 ...
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
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
Forex
The GBPUSD forecast update 02-05-2024
2024-05-02 09:06AM UTC
GBPUSD Trading Report The GBPUSD price shows weak trades since morning, settling above 1.2500$ ...
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 ...
Forex
The EURGBP tests key support – Forecast today – 2-5-2024
2024-05-02 08:15AM UTC