The NZDUSD attempts to breach – Analysis - 10-12-2019
Economies.com
2019-12-10 05:49AM UTC
The NZDUSD pair continues to fluctuate around 0.6565 level without managing to confirm breaching it until now, noticing that stochastic provides positive overlapping signal now, waiting to motivate the price to achieve the required breach followed by opening the way to head towards 0.6650 that represents our next main target.
Therefore, the bullish trend scenario will remain valid for the upcoming period unless breaking 0.6495 and holding below it.
The expected trading range for today is between 0.6500 support and 0.6630
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...