NZDUSD heads to retest – Analysis - 11-07-2018

Economies.com
2018-07-11 04:00AM UTC

The NZDUSD pair shows some slight bearish bias now to move near 0.6800 barrier, while the expected bullish trend still valid on the intraday basis, affected by the inverted head and shoulders’ pattern that was completed previously, waiting to visit 0.6900 level mainly.

 

Therefore, we will continue to suggest the bullish trend for today unless breaking 0.6770 level and holding below it.

 

Expected trading range for today is betwenen 0.6750 support and 0.6900

 

Expected trend for today: Bullish

Forex and Currency News

AUD/USD news

Forex

Aussie parks at two month highs even as Australian wages slow down
2024-05-15 04:23AM UTC
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, ...
Forex News

Forex

Dollar under pressure ahead of inflation data, Powell's speech
2024-05-14 10:58AM UTC
Dollar fell in European trade on Tuesday against a basket of major rivals, on track for the second ...
USD/JPY news

Forex

Yen tumbles to two-week lows, triggering concerns of official Japanese intervention
2024-05-14 04:08AM UTC
Yen fell in Asian trade on Tuesday against a basket of major rivals, sharpening losses for the ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows more bullish bias to reach ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
  AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial breach ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 15-05-2024
2024-05-15 09:28AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows more bullish bias and ...