The NZDUSD touches key support – Analysis - 27-09-2022
Economies.com
2022-09-27 04:13AM UTC
The NZDUSD pair touched the bearish channel’s support line that appears on the chart, showing temporary positive trades by today’s open, waiting to resume the bearish wave that targets 0.5600 followed by 0.5500 levels as next negative stations.
Holding below 0.5775 keeps the bearish trend scenario active, as breaching it will lead the price to start correctional bullish wave on the intraday basis.
The expected trading range for today is between 0.5600 support and 0.5720 resistance
The expected trend for today: Bearish
Forex and Currency 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 ...
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
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
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...