NZDUSD gets a positive close – Analysis - 29-05-2017
Economies.com
2017-05-29 02:07AM UTC
The NZDUSD pair managed to close last week's candlestick above 0.7049 level, which reinforce the expectations of continuing the main bullish trend, and the price fluctuates around the mentioned level, waiting to resume the bullish trend that its next located at 0.7215.
Therefore, we are waiting for positive trading in the upcoming sessions, supported by the EMA50 that carries the price from below, noting that holding above 0.6915 represents key condition to continue the suggested bullish wave.
Expected trading range for today is between 0.6960 support and 0.7150
Expected trend for today: Bullish
Forex and Currency News
Forex
Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
Forex
Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The GBPUSD price shows new positive trades attempting to approach the ...
Forex
The EURUSD price forecast update - 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The EURUSD price surpassed the 1.0715$ level and closed the last four ...
Forex
The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...