NZDUSD buyers defend 0.5579 support, stall at 200-HMA
NZDUSD held above 0.5579 support after weak NZ jobs data, but the rebound stalled at the 200-hour moving average, leaving the pair in a technical standoff.
Early Monday forex prices from the Asia-Pacific open show a slightly softer US dollar against major currencies.
Initial signals from early Asia-Pacific trading suggest the US dollar is somewhat softer.
Weekend market developments will be covered in a later update.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
NZDUSD held above 0.5579 support after weak NZ jobs data, but the rebound stalled at the 200-hour moving average, leaving the pair in a technical standoff.
The euro rebounded versus the dollar as Democratic midterm wins pointed to fiscal restraint; the ECB held rates but Lagarde said a hike was debated.
FXStreet's YouTube channel surpassed 1 million views in under two months, with over 1,500% year-over-year growth.
AUD/USD recovered above 0.7000 to trade near 0.7010 as the dollar weakened after the US midterms, though moving averages still cap further gains.