The NZDUSD gets the positive momentum – Analysis - 19-03-2019

Economies.com
2019-03-19 05:07AM UTC

The NZDUSD pair continues to fluctuate around 0.6870 level, noticing that stochastic got rid of its negative momentum and moves near the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets testing 0.6910 level as a next station.

 

Breaching the mentioned level will extend the bullish wave to reach 0.7024, while holding above 0.6795 represents key condition to achieve the suggested targets.

 

The expected trading range for today is betwenen 0.6800 support and 0.6930

 

The expected trend for today: Bullish

Forex and Currency News

EUR/USD news

Forex

Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
AUD/USD news

Forex

Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
GBP/USD news

Forex

Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price touches the recent high – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
USDCHF Price Analysis The USDCHF price resumes its positive trading to test the recently ...
NZD USD Analysis

Forex

The NZDUSD price needs strong positive motive – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
NZDUSD Price Analysis The NZDUSD price fluctuates within sideways and tight track since ...
AUD USD Analysis

Forex

The AUDUSD price keeps its positive stability – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
AUDUSD Price Analysis The AUDUSD price attempted to break 0.6500$ level but it kept its ...