NZD/USD: entering the six-year resistance zone
The New Zealand dollar has been really strong lately. Will it beat the multiyear highs?
NZD/USD reversed from support area
2019-11-11 • Updated
- NZD/USD reversed from support area
- Next buy target - 0.7180
NZD/USD today reversed up from the support area lying between the lower daily Bollinger Band, 61.8% Fibonacci correction of the upward impulse (1) from November and the strong round support level 0.70000 (former resistance level from December). Given the oversold daily Stochastic - NZD/USD is expected to rise toward the next buy target at next resistance level 0.7180.
Similar
EUR/GBP: bears eye 16-month-old support
The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.
Cable hit record high since 2018
Jump in to get the technical analysis of EUR/GBP, GBP/USD, and gold!
Latest news
US Stock Market Recovers
What happened? US stocks ended sharply higher on Thursday, May 27, after a 7-week losing streak…
What to trade on May 30-June 3
Next week, we expect the BOC rate statement, the OPEC+ meeting, and the Nonfarm payrolls release. Let's look at the opportunities in detail!
How Will Amazon Price React to The Split?
Amazon announced the company is going to make a 1 – 20 stock split on June 3 after the trading session close (23:30 GMT+3).
