The NZDUSD breaks the support – Analysis - 17-09-2021
Economies.com
2021-09-17 04:37AM UTC
The NZDUSD pair managed to break 0.7084 level and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently for the upcoming period, and the way is open to achieve our correctional targets that start at 0.7030 and extend to 0.6990.
Holding below 0.7084 is important to continue the suggested decline, as breaching it will lead the price to start recovery attempts and regain the main bullish trend again.
The expected trading range for today is between 0.7020 support and 0.7100 resistance
The expected trend for today: Bearish
Forex and Currency News
Forex
Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The GBPUSD price shows new positive trades attempting to approach the ...
Forex
The EURUSD price forecast update - 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The EURUSD price surpassed the 1.0715$ level and closed the last four ...
Forex
The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...