NZDUSD Price Analysis: Bears in control with eyes on daily trendline – by fx_ross NZDUSD Technical Analysis
, the price was bounded by resistance and it was stated that the doji could turn out to be pivotal for the pair and week:
If the bears commit, then there will be prospects of a test of the broader trendline and a move into the key We are still some ways to go yet and the engulfment of the doji could be significant, propelling the pair lower depending on the outcome of the US inflation data perhaps.Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NZDUSD Price Analysis: Bulls holding above key 0.5950 as bears try to take back controlNZDUSD spiked as the US Dollar sold off on Tuesday, extending the losses that started to take shape on Friday. Tuesday was the third day of longs in t
Read more »
USDCHF Price Analysis: Bears poke 50-day EMA, five-week-old support line below 0.9900USDCHF Price Analysis: Bears poke 50-day EMA, five-week-old support line below 0.9900 – by anilpanchal7 USDCHF Technical Analysis SwingTrading ChartPatterns SupportResistance
Read more »
NZD/USD Price Analysis: Bears move in from key highs for the weekNZDUSD is plotting highs for the week in Asia, extending on the start of the week's rally in a risk-on environment. The high beta currencies have been
Read more »
AUDJPY Price Analysis: Bears attack 200-HMA on downbeat China CPIAUDJPY takes offers to refresh intraday low near 94.50 after witnessing China’s downbeat inflation data on early Wednesday. In doing so, the cross-cur
Read more »
USDJPY Price Analysis: Struggles near two-week low, bears await break below 145.00 markUSDJPY Price Analysis: Struggles near two-week low, bears await break below 145.00 mark – by hareshmenghani USDJPY Fed BOJ Technical Analysis Currencies
Read more »
Gold Price Analysis: XAUUSD bulls break a critical trendline as US Dollar bears move inThe Gold price is running higher on the day as the US dollar falls away while XAUUSD head close to the $1,720s scoring a high of $1,716.97 so far. DXY
Read more »