The NZDUSD faces solid support – Analysis - 09-09-2021

Economies.com
2021-09-09 03:54AM UTC

The NZDUSD pair finds difficulty to break 0.7084 level, waiting to get negative motive that assist to confirm the break and open the way to extend the correctional bearish wave, which its next main targets located at 0.7030 followed by 0.6995.

 

Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.7155 and holding above it.

 

The expected trading range for today is between 0.7030 support and 0.7140 resistance

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
EUR/USD 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 News

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 Technical Analysis

GBP USD 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 ...
EUR USD Analysis

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 ...
Technical Analysis

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 ...