The NZDUSD tests the resistance – Analysis - 24-01-2020
Economies.com
2020-01-24 05:46AM UTC
The NZDUSD pair tests 0.6625 level and still below it until now, accompanied by stochastic reach to the overbought areas, waiting to motivate the price to rebound bearishly and resume the correctional bearish trend that its next target located at 0.6545.
Therefore, our bearish overview will remain valid unless breaching 0.6625 level and holding with a daily close above it.
The expected trading range for today is between 0.6540 support and 0.6640
The expected trend for today: Bearish
Forex and Currency News
Forex
US retail sales beat expectations in March
2024-04-15 12:39PM UTC
US retail sales rose 0.7% in March, beating estimates of a 0.4% increase, while down from 0.9% in ...
Forex
Euro tries to recoup from five-month trough amid bearish outlook
2024-04-15 08:41AM UTC
Euro rose in European trade on Monday against a basket of major rivals amid attempts to recoup from ...
Forex
Euro sharpens decline to five-month lows on concerns about the interest rate gap
2024-04-12 08:04AM UTC
Euro fell in European trade on Friday against a basket of major rivals, sharpening losses for the ...
Forex Technical Analysis
Forex
The EURGBP tends to resume the decline – Forecast today – 16-4-2024
2024-04-16 05:51AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP pair confirmed its affection by the ...
Forex
The EURJPY achieves some gains – Forecast today – 16-4-2024
2024-04-16 05:47AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair rallied upwards yesterday to ...
Forex
The GBPJPY needs to surpass the barrier – Forecast today – 16-4-2024
2024-04-16 05:46AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair achieved some gains yesterday by ...