The NZDUSD needs negative motive – Analysis - 11-01-2022

Economies.com
2022-01-11 04:50AM UTC

The NZDUSD pair fluctuates within sideways track in the previous sessions, falling under the negative pressure formed by the EMA50, to keep the chances valid to continue the expected bearish trend on the intraday basis, which depends on the price stability below 0.6820, reminding you that we are waiting to visit 0.6700 as a first negative target.

 

The expected trading range for today is between 0.6710 support and 0.6820 resistance

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
EUR/JPY news

Forex

Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
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 ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price faces solid resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price encountered solid resistance at ...
NZD USD Analysis

Forex

The NZDUSD price rises again – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price has returned to rise after a ...
AUD USD Analysis

Forex

The AUDUSD price attempts positively – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price has shown new positive trades ...