The NZDUSD price touches the first target – Forecast today - 10-04-2024

Economies.com
2024-04-10 03:10AM UTC

The NZDUSD price succeeded to achieve our waited target at 0.6070$ and attempts to breach it now, reinforcing the chances of extending the bullish wave and head to achieve new positive targets that reach 0.6140$.

 

The EMA50 continues to suggest the price from below, to continue suggesting the bullish trend for the upcoming period unless breaking 0.6000$ and holding below it.

 

The expected trading range for today is between 0.6030$ support and 0.6135$ resistance

 

Trend forecast: Bullish

Forex and Currency News

EUR/USD news

Forex

Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
USD/JPY news

Forex

Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex News

Forex

US Dollar extends losses after inflation data
2024-05-15 20:25PM UTC
The US dollar fell against most major rivals on Wednesday, extending losses after the release of US ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 16-05-2024
2024-05-16 09:26AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some bearish bias to head ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 16-05-2024
2024-05-16 09:25AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price faces negative pressure now to ...
Technical Analysis

Forex

The NZDCAD regains the bullish track – Forecast today – 16-5-2024
2024-05-16 05:41AM UTC
NZDCAD Price Analysis Expected Scenario The NZDCAD price succeeded in regaining the ...