NZDUSD hits the target – Analysis - 14-12-2018
Economies.com
2018-12-14 05:10AM UTC
The NZDUSD pair succeeded to touch our main waited target at 0.6795 by today’s opening, pressing negatively on this level to move below it now, which supports the chances of extending the bearish wave on the short term basis, noting that confirming breaking this level will push the price towards 0.6654 as a next station.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions conditioned by the price stability below 0.6910.
Expected trading range for today is betwenen 0.6700 support and 0.6850
Expected trend for today: Bearish
Forex and Currency News
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...