NZDUSD breaches the resistance – Analysis - 18-09-2017

Economies.com
2017-09-18 03:39AM UTC

The NZDUSD pair managed to breach 0.7275 level and hold above it, to start today with clear bullish rally to approach from our first waited target at 0.7383, which supports the continuation of the bullish trend scenario efficiently for today, reminding you that breaching the targeted level will extend the pair's gains to reach 0.7558.

 

Therefore, we are waiting for more rise in the upcoming sessions conditioned by holding above 0.7187.

 

Expected trading range for today is between 0.7275 support and 0.7430

 

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

GBP USD 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$ ...
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% ...