Daily Forex News
#12
Technical Overview of NZD/USD and USD/CHF Currency Pair


NZD USD

NZD traded lower against USD and closed at 0.6362.

NZD/USD's daily chart indicators are reporting early signs of a bullish reversal.
Trend reversal would be confirmed above Monday's high.
                                      
According to the Analysis, pair is expected to find support at 0.6351 and a fall through could take it to the next support level of 0.6340. The pair is expected to find its first resistance at 0.6379 and a rise through could take it to the next resistance level of 0.6369.

USD CHF

USD traded higher against CHF and closed at 0.9815.

USD/CHF again confronts 50-DMA while seeking a downward resistance-line since August 01.
23.6% of Fibonacci retracement can offer immediate support.
Swiss ZEW Survey – Expectations in the spotlight.

According to the Analysis, pair is expected to find support at 0.9780 and a fall through could take it to the next support level of 0.9747. The pair is expected to find its first resistance at 0.9841, and a rise through could take it to the next resistance level of 0.9869.
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Daily Forex News - by xtreamforex - 02-14-2019, 11:05 AM
Re: Daily Forex News - by xtreamforex - 04-22-2019, 09:56 AM
RE: Daily Forex News - by xtreamforex - 04-23-2019, 12:19 PM
RE: Daily Forex News - by xtreamforex - 08-05-2019, 06:31 AM
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RE: Daily Forex News - by xtreamforex - 10-09-2019, 11:13 AM
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RE: Daily Forex News - by xtreamforex - 10-22-2019, 11:24 AM
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RE: Daily Forex News - by xtreamforex - 11-22-2019, 08:40 AM
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RE: Daily Forex News - by OliverM - 05-06-2020, 06:39 AM
RE: Daily Forex News - by xtreamforex - 08-03-2020, 10:45 AM

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