Monday, September 23, 2019
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EUR/NZD 18/02/19 | EconAlerts

Technical Analysis – EUR/NZD recovers from a 2-month low

EUR/NZD recovers from a 2-month low after hitting lower Bollinger Band. EUR/NZD has declined considerably over the previous three days, recording a new two-month low around 1.6408 and touching the lower Bollinger Band. Currently, the price is paring some of the losses, approaching the 1.6500 level. Technical indicators in the daily timeframe are reverting

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EUR/NZD 04/08/18 | EconAlerts

Technical Analysis – EUR/NZD looks overbought

EUR/NZD challenges 3-year high; looks overbought. EUR/NZD has been outperforming over the last couple weeks, after the rebound on 20- and 40-simple moving averages (SMAs) in the daily timeframe. The price reached a fresh almost three-year high of 1.7673, during today’s trading session with strong momentum. The MACD oscillator is strengthening its positive momentum

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