NZDUSD keeps the support base – Analysis - 15-09-2017
Economies.com
2017-09-15 04:01AM UTC
The NZDUSD pair tested the key support 0.7187 and kept its stability above it, to show some bullish bias now in attempt to resume the main bullish trend, waiting to breach 0.7275 level to get rid of the negative pressure and continue rising on the short term basis.
Therefore, we will keep our bullish overview conditioned by holding above 0.7187, noting that breaching 0.7275 will push the price towards 0.7383 that represents our first main target.
Expected trading range for today is between 0.7187 support and 0.7350
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 USDCHF price consolidates above the support – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for USDCHF Expected Scenario The USDCHF price couldn’t manage to ...
Forex
The NZDUSD price needs the positive momentum – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for NZDUSD Expected Scenario The NZDUSD price shows sideways trades in the ...
Forex
The AUDUSD price heads towards resting the neckline – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for AUDUSD Expected Scenario The AUDUSD price faces temporary negative ...