The NZDUSD touches the target – Analysis - 11-05-2021
Economies.com
2021-05-11 00:14AM UTC
The NZDUSD pair succeeded to touch our waited target at 0.7300, showing some temporary bearish bias affected by stochastic negativity, while the price still inside the bullish channel that appears on the chart.
Therefore, the overall bullish trend scenario will remain active conditioned by the price stability above 0.7180, noting that the next target is located at 0.7400.
The expected trading range for today is between 0.7220 support and 0.7320 resistance
The expected trend for today: Bullish
Forex and Currency 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
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 ...
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
Forex
The USDCHF price under the negative pressure – Forecast today - 19-04-2024
2024-04-19 04:20AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price begins today with strong decline ...
Forex
The NZDUSD price declines again – Forecast today - 19-04-2024
2024-04-19 04:20AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price couldn’t manage to hold ...
Forex
The AUDUSD price breaks the support – Forecast today - 19-04-2024
2024-04-19 04:20AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price ended yesterday negatively, and ...