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Midday update for NZDUSD 11-01-2017

Economies.com
2017-01-11 11:11AM UTC

The NZDUSD pair remains confined between the next trend keys that represented by 0.6975 support and 0.7049 resistance, which keeps our neutral attitude valid until now, waiting for surpassing one of the mentioned levels to get clearer signal for the next trend.

 

Stochastic and the EMA50 positivity might assist to push the price to rise in the upcoming sessions, to recognize the expected targets from breaching the mentioned levels, please review our morning report.

 

Expected trading range for today is between 0.6915 support and 0.7000

 

Expected trend for today: Depends on the above mentioned levels

 

 

 

 

Midday update for AUDUSD 11-01-2017

Economies.com
2017-01-11 11:11AM UTC

The AUDUSD pair trades with clam positivity since morning in attempt to reach our first main waited target at 0.7448, keeping the bullish trend valid until now, supported by the EMA50 that keeps carrying the price from below, reminding you that breaching the targeted level will extend the pair’s gains to reach 0.7595.

 

In general, we will keep preferring the bullish trend unless breaking 0.7329 level and holding below it.

 

Expected trading range for today is between 0.7300 support and 0.7500

 

Expected trend for today: Bullish

Midday update for Brent Oil 11-01-2017

Economies.com
2017-01-11 11:11AM UTC

Brent oil price provides some positive attempts after approaching from the main bullish channel’s support, heading towards testing the critical resistance at 55.30, as we mentioned this morning, this level represents one of the next trend keys besides the support at 53.30, therefore, the price needs to breach one of them to detect its next trend clearly.

 

Therefore, we remain neutral until getting clearer confirmation signal for the next trend, to recognize the details of the expected targets from the breach, please review our morning issued report.

 

Expected trading range for today is between 51.00 support and 56.05 resistance.

 

Expected trend for today: Depends on the above mentioned levels

Midday update for Crude Oil 11-01-2017

Economies.com
2017-01-11 11:11AM UTC

Crude oil price shows slight bullish bias heading towards a potential retest to 51.70 level, as long as the price below this level, so the negative pressure will remain valid in the upcoming period, supported by the EMA50, waiting for visiting 48.37 level mainly.

 

Stochastic positivity explains the reasons of the current positive fluctuation, taking into consideration that breaching 51.70 level will stop the current negative pressure and leads the price to regain its main bullish track.

 

Expected trading range for today is between 48.37 support and 52.10 resistance.

 

Expected trend for today: Bearish

Frequently asked questions

What is the price of NZD/USD today?

The price of NZD/USD is $0.5947 (2025-07-15 19:45PM UTC)