The NZDUSD gathers the positive momentum – Analysis - 10-09-2019

Economies.com
2019-09-10 04:50AM UTC

The NZDUSD pair shows sideways trading around 0.6430 level, noticing that stochastic gathers the positive momentum gradually, waiting to motivate the price to resume the bullish trend, which targets testing 0.6470 level as a next station.

 

Therefore, our bullish overview will remain valid conditioned by the price stability above 0.6390, noting that breaching 0.6470 will extend the bullish wave to reach 0.6530 direct.

 

The expected trading range for today is between 0.6390 support and 0.6490

 

The expected trend for today: Bullish

 

Forex and Currency News

EUR/USD news

Forex

Euro approaches week high amid positive outlook
2024-04-18 08:30AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex News

Forex

Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
GBP/USD news

Forex

Sterling starts recovering after hot UK inflation data
2024-04-17 06:43AM UTC
Sterling rose in European trade on Wednesday for the first time in four days against the dollar, ...

Forex Technical Analysis

Technical Analysis

Forex

The NZDCAD surrenders to the resistance line stability – Forecast today – 19-4-2024
2024-04-19 08:21AM UTC
NZDCAD Pair Analysis Expected Scenario The NZDCAD pair has confirmed its submission to ...
EUR JPY Analysis

Forex

The EURJPY faces the negative pressures – Forecast today – 19-4-2024
2024-04-19 08:16AM UTC
EURJPY Pair Analysis Expected Scenario Despite strong negative pressures this morning due ...
GBP JPY Analysis

Forex

The GBPJPY holds above the support – Forecast today – 19-4-2024
2024-04-19 08:15AM UTC
GBPJPY Pair Analysis Expected Scenario The GBPJPY pair experienced sudden negative ...