The NZDUSD reaches the first target – Analysis - 24-01-2023
Economies.com
2023-01-24 04:28AM UTC
The NZDUSD pair shows more bullish bias to reach our first waited target at 0.6510, and we suggest surpassing this level to achieve additional gains that reach 0.6600, organized inside the bullish channel that appears on the chart.
Therefore, we expect to witness more rise on the intraday and short term basis, supported by the EMA50, noting that it is important to hold above 0.6420 to continue the expected bullish trend.
The expected trading range for today is between 0.6450 support and 0.6570 resistance
The expected trend for today: Bullish
Forex and Currency 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
Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
Forex
Euro gains ground and heads for $1.07
2024-04-22 07:45AM UTC
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 23-04-2024
2024-04-23 11:05AM UTC
The GBPUSD price tested the key resistance 1.2385$ and bounced bearishly from there, to keep the ...
Forex
The EURUSD price forecast update - 23-04-2024
2024-04-23 11:05AM UTC
The EURUSD price shows sideways trades since morning, and continues to fluctuate around the EMA50, ...
Forex
The GBPCHF under the negative effect – Forecast today – 23-4-2024
2024-04-23 05:12AM UTC
GBPCHF Pair Price Analysis Expected Scenario The GBPCHF pair still affected by the ...