NZDUSD needs the positive momentum – Analysis - 18-09-2018

Economies.com
2018-09-18 03:46AM UTC

The NZDUSD pair settles above the EMA50, to keep the bullish trend scenario active until now, and the price might witness sideways fluctuation until stochastic manages to get rid of its negative momentum and gain enough positive momentum to push the price to continue the intraday bullish trend.

 

Until now, we still suggesting the bullish bias as long as the price is above 0.6535, reminding you that our main waited target is located at 0.6740.

 

Expected trading range for today is betwenen 0.6500 support and 0.6670

 

Expected trend for today: Bullish

Forex and Currency News

USD/JPY news

Forex

Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex News

Forex

Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
AUD/USD news

Forex

Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...

Forex Technical Analysis

EUR GBP Analysis

Forex

The EURGBP begins to rise – Forecast today – 9-5-2024
2024-05-09 05:54AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP price succeeded to hold above 38.2% ...
EUR JPY Analysis

Forex

The EURJPY achieves the second target – Forecast today – 9-5-2024
2024-05-09 05:46AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair continued to form bullish trades ...
GBP JPY Analysis

Forex

The GBPJPY tends towards the positivity – Forecast today – 9-5-2024
2024-05-09 05:45AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair provided positive signal ...