Friday , 27 September 2024
Home Forex NZD/USD Price Analysis: Bears grow stronger, as the pair struggles under the 20-day SMA
Forex

NZD/USD Price Analysis: Bears grow stronger, as the pair struggles under the 20-day SMA

On Thursday, the NZD/USD extended its losses below the 20-day Simple Moving Average (SMA), its fourth consecutive rejection at this strong support level this week.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Atlanta Fed GDPNow Q3 forecast +3.1% vs +2.9% prior

The GDP tracker from the Atlanta Fed is rising after today's round...

Incoming Japan PM Ishiba: Japan will deploy fiscal stimulus if needed

The yen is higher today after Ishiba beat out a dovish rival...

USDCHF sellers are testing a key support level Can the sellers push below and stay below?

The USDCHF is moved lower on the back of the PCE data...

The calls are mounting for the ECB to cut rates in October and beyond

Barclays is out with a note forecasting the ECB to cut by...