Stock market analytics, financial forecasts

Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.

Disclaimer: Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

NZDUSD broke below ascending trendline support turned resistance! Drop incoming!

06:20 2021-07-19 UTC--4

NZDUSD broke below ascending trendline support, now resistance. A further drop below our 1st resistance at 0.69951 towards key Fibonacci zone and 1st support at 0.69403 could be possible. Technical indicators like moving average and MACD show room for further bearish momentum as well.

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Stock market analytics, financial forecasts

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