NZDUSD approaches the target – Analysis - 21-09-2018
Economies.com
2018-09-21 04:01AM UTC
The NZDUSD pair shows more bullish bias to reach the thresholds of our main waited target at 0.6720, getting continuous positive support by the EMA50, to keep the bullish bias suggested in the upcoming sessions, but it is important to monitor the price when reaching the mentioned level, as breaching it will extend the bullish wave to reach 0.6800 direct, while holding against the current rise will force the price to rebound bearishly and resume the bearish trend within the main bearish channel that appears on the chart.
Expected trading range for today is betwenen 0.6600 support and 0.6770
Expected trend for today: Bullish
Forex and Currency News
Forex
BOE holds interest rates unchanged for sixth straight meeting
2024-05-09 11:33AM UTC
Bank of England voted to hold interest rates unchanged for the fifth straight meeting at 5.25%, the ...
Forex
Sterling under pressure ahead of BOE decisions
2024-05-09 07:50AM UTC
Sterling fell in European trade on Thursday against a basket of major rivals, extending losses for ...
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 Technical Analysis
Forex
The EURUSD price forecast update - 09-05-2024
2024-05-09 09:34AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price resumes its negative trading to ...
Forex
The EURGBP begins to rise – Forecast today – 9-5-2024
2024-05-09 05:54AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP price succeeded to hold above 38.2% ...
Forex
The EURJPY achieves the second target – Forecast today – 9-5-2024
2024-05-09 05:46AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair continued to form bullish trades ...