NZD/USD Price Analysis: Sits near multi-week top, bulls await a move beyond 61.8% Fibo. – by hareshmenghani NZDUSD Technical Analysis RBNZ CPI Currencies
The technical setup favours bullish traders and supports prospects for further gains.edges higher for the third successive day on Tuesday and trades around the 0.6215-0.6220 barrier or a nearly three-week high during the Asian session.
From a technical perspective, the recent breakout through a confluence resistance comprising the 100-day Simple Moving Average and a descending trend-line suggests that the path of least resistance for the NZD/USD pair is to the upside. Adding to this, oscillators on the daily chart have just started gaining positive traction and validate the constructive setup, supporting prospects for further near-term gains.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
NZD/USD Price Analysis: Stays inside prior day’s range ahead of RBNZ policyNZD/USD Price Analysis: Stays inside prior day’s range ahead of RBNZ policy – by Sagar_Dua24 NZDUSD RBNZ ChartPatterns SupportResistance DollarIndex
Leer más »
NZD/USD bulls move in on softer US dollarNZD/USD is trading near 0.6210 on Tuesday as Asia opens for business. The pair was giving two-way moves at the start of the week following a run highe
Leer más »
NZD/USD remains on the defensive near 0.6200 ahead of RBNZ key eventThe NZD/USD pair loses momentum after approaching the high of 0.6220, posting small losses near 0.6200 in the early Asian session. The pair struggles
Leer más »
EUR/USD Price Analysis: Bulls await a breakout through two-month-old descending trend-lineEUR/USD Price Analysis: Bulls await a breakout through two-month-old descending trend-line – by hareshmenghani EURUSD Fed Bonds Technical Analysis Currencies
Leer más »
WTI Price Analysis: Retreats from over one-month top, bulls pause near 100-day SMAWestern Texas Intermediate (WTI) Crude Oil prices struggle to capitalize on the recent rise witnessed over the past two weeks or so and face rejection
Leer más »
USD/CHF Price Analysis: Bulls fail to maintain momentum and retreat to 0.8870On Monday, the USD/CHF reversed its course and cleared daily gains, retreating to the 0.8870 area in negative territory. No high-tier data will be rel
Leer más »