The NZDUSD approaches the target – Analysis - 10-05-2021
Economies.com
2021-05-10 00:27AM UTC
The NZDUSD pair provided new strong positive trades to reach 0.7300 barrier, to support the expectations of continuing the rise on the intraday and short term basis, reminding you that our next target is located at 0.7325, which breaching it represents the key to head towards 0.7400 as a next station.
The bullish channel continues to organize the current bullish wave, which will remain valid conditioned by the price stability above 0.7190.
The expected trading range for today is between 0.7240 support and 0.7350 resistance
The 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 ...