The NZDUSD price forecast update 30-04-2024
Economies.com
2024-04-30 09:24AM UTC
NZDUSD Price Analysis
Expected Scenario
- The NZDUSD price trades with clear negativity to reach the thresholds of the waited target at 0.5915$.
- Breaking this level will push the price to suffer additional losses that reach 0.5850$ followed by 0.5775$.
- Until now, the bearish trend scenario still valid and suggested unless breaching 0.6000$ and holding with a daily close above it.
Expected Trading Range
Between the support at 0.5890$ and the resistance at 0.5990$.
Trend Forecast: Bearish
Forex and Currency News
Forex
Aussie backs off four-month high despite RBA's aggressiveness
2024-05-21 03:51AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, extending ...
Forex
Dollar under pressure ahead of Fed remarks
2024-05-20 11:53AM UTC
The dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
Forex
Euro trades at two-month highs amid positive outlook
2024-05-20 06:38AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains and ...
Forex Technical Analysis
Forex
The GBPCHF confirms the positivity – Forecast today – 21-5-2024
2024-05-21 05:11AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price confirmed moving to the bullish ...
Forex
The EURJPY touches the target – Forecast today – 21-5-2024
2024-05-21 05:06AM UTC
EURJPY Price Analysis - Forecast for 21-5-2024 Expected Scenario The EURJPY pair is still ...
Forex
The USDCHF price crawls upwards – Forecast today - 21-05-2024
2024-05-21 04:13AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price shows calm positive trades to ...