NZDUSD keeps the support base – Analysis - 02-06-2017
Economies.com
2017-06-02 02:07AM UTC
The NZDUSD pair retested 0.7049 level and shows bullish rebound from there, to support the continuation of our bullish overview in the upcoming sessions, waiting to visit 0.7215 level as a first main target.
Therefore, the bullish bias will remain suggested for today unless breaking 0.7049 level and holding below it, noting that stochastic attempts to get rid of its negative momentum gradually to support the expectations to rise.
Expected trading range for today is between 0.7000 support and 0.7215
Expected trend for today: Bullish
Forex and Currency News
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
US Dollar extends losses after inflation data
2024-05-15 20:25PM UTC
The US dollar fell against most major rivals on Wednesday, extending losses after the release of US ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 16-05-2024
2024-05-16 09:26AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some bearish bias to head ...
Forex
The NZDCAD regains the bullish track – Forecast today – 16-5-2024
2024-05-16 05:41AM UTC
NZDCAD Price Analysis Expected Scenario The NZDCAD price succeeded in regaining the ...
Forex
The EURJPY under the correctional effect – Forecast today – 16-5-2024
2024-05-16 05:38AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair provided a new negative close ...