The NZDUSD crawls downwards – Analysis - 21-09-2021

Economies.com
2021-09-21 04:07AM UTC

The NZDUSD pair shows calm negative trades to crawl gradually towards our second waited target at 0.6990, and we expect the continuation of the bearish bias to surpass this level and visit 0.6945 as a next correctional target.

 

Therefore, we will continue to suggest the bearish trend on the intraday basis, reminding you that the continuation of the bearish wave depends on the price stability below 0.7084.

 

The expected trading range for today is between 0.6960 support and 0.7070 resistance

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar under pressure ahead of Fed remarks
2024-05-20 11:53AM UTC
The dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
EUR/USD news

Forex

Euro trades at two-month highs amid positive outlook
2024-05-20 06:38AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains and ...
USD/JPY news

Forex

Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 20-05-2024
2024-05-20 10:39AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price hovers near the 1.2700$ level ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 20-05-2024
2024-05-20 10:38AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows negative trading now, in ...
EUR JPY Analysis

Forex

The EURJPY jumps above the barrier – Forecast today – 20-5-2024
2024-05-20 05:45AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair was affected by frequent positive ...