FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

NZD/USD rose considerably after escaping from the down channel pattern. I have told you in my analysis that the pair could develop a new upside movement if it passes above...

The NZD/USD pair has not been understood for a long time, partly due to the fact that this trading instrument is not as popular as the EUR/USD and GBP/USD pairs...

The volatility in the currency markets is expected to surge today, since the US consumer price index for March will be published, to which there is increased attention, as well...

Price is holding below the descending trendline and moving average resistance, showing bearish pressure in line with our bearish bias. We could potentially see price reverse at 1st resistance...

NZD/USD has escaped from the down channel and now is located above the downtrend line. The upside breakout signal that we may have an upwards reversal in the short term...

Price currently forming a triangle pattern, with price reacting above ascending trendline support. A bounce up above our 1st support at 1.08377 towards 1st resistance at 1.08553 could be possible...

NZD/USD is trapped within a down channel, so the price could drop towards fresh new lows. It has increased a little in the short term to retest the downtrend line...

Price is facing bearish pressure as it holds under the descending trendline resistance and MACD holds under the 0 line, in line with our bearish bias. We could potentially...

The US stock indices updated their historical highs after the publication of the ISM index for March. The S&P 500 gained 1.44% during the past day, closing at 4078...

NZD/USD has not made any real progress to the upside or downside. Price is trapped inside a short-term trading range and has formed similar bearish flag patterns as before...