The NZD/USD pair turns sideways below the psychological resistance of 0.6000 as tensions deepening in the Middle East over the Israel-Hamas crisis hav
NZD/USD juggles around 0.5980 after a corrective move, propelled by a risk-off impulse. The US Dollar Index recovers to near 106.53 as investors shift focus to the inflation data for September. NZD/USD trades in a 0.5840-0.6050 range from the past two months, indicating a sheer volatility squeeze. e dampened market sentiment. The Kiwi asset drops to near 0.5980 as investors rush to safe-haven assets.
The Kiwi asset remains sticky with the 20-period Exponential Moving Average around 0.5960, portraying a sideways performance. Meanwhile, the Relative Strength Index hovers near 60.00. A breakout above the same would activate the bullish impulse. Going forward, a decisive break above the psychological resistance of 0.6000 would drive the major toward September 29 high around 0.6050. A breach of the latter would send the major toward August 09 high at 0.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
NZD/USD struggles to capitalize on its modest intraday bounce, remains below 0.6000 markThe NZD/USD pair attracts some buyers near the 0.5960 region during the Asian session on Monday and fills a modest weekly bearish gap opening, albeit
Les mer »
NZD/USD looks to approach 0.5950, Greenback recovers on risk-off moodNZD/USD halts the three-day winning streak, trading in the negative territory near 0.5970 during the European session on Monday. The pair is facing do
Les mer »
Oil prices soar on supply concerns as Middle East conflict escalatesOil prices soar on supply concerns as Middle East conflict escalates
Les mer »
USD/JPY Price Analysis: Remains sideways around 149.00 despite Middle East tensionsThe USD/JPY pair consolidated in a narrow range of around 149.00 as investors remained baffled between supporting the US Dollar and the Japanese Yen a
Les mer »
Futures down as Middle East conflict sparks run for safe-haven assetsFutures down as Middle East conflict sparks run for safe-haven assets
Les mer »
Futures slip amid Middle East violence, oil surges - what's moving marketsFutures slip amid Middle East violence, oil surges - what's moving markets
Les mer »