Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

Corn price begins positively – Analysis - 21-09-2020

Economies.com
2020-09-21 03:58AM UTC

Corn price begins today with bullish bias in attempt to move away from the bullish channel’s support line that appears on the chart, to keep the bullish trend scenario valid and active for the upcoming sessions, supported by the EMA50, waiting to head towards 390.00 that represents our next main target.

 

On the other hand, we should note that the continuation of the bullish wave requires holding above 375.40.

 

The expected trading range for today is between 375.00 support and 390.00 resistance.

 

The expected trend for today: Bullish

The USDCHF rises calmly – Analysis - 21-09-2020

Economies.com
2020-09-21 03:57AM UTC

The USDCHF pair leaned on the intraday bullish trend line and begins rising again, to surpass the EMA50 and settles above it, which supports the continuation of the expected bullish trend scenario for the upcoming period, which its next target located at 0.9192.

 

We should note that the continuation of the bullish wave requires holding above 0.9050.

 

The expected trading range for today is between 0.9055 support and 0.9160 resistance.

 

The expected trend for today: Bullish

The NZDUSD awaits the breach – Analysis - 21-09-2020

Economies.com
2020-09-21 03:57AM UTC

The NZDUSD pair continues the attempts to breach 0.6788 level, noting that stochastic approaches the oversold areas, waiting to motivate the price to achieve the required breach and open the way to rally towards 0.6900 that represents our next positive station.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.6710.

 

The expected trading range for today is between 0.6730 support and 0.6850

 

The expected trend for today: Bullish

The AUDUSD is stable – Analysis - 21-09-2020

Economies.com
2020-09-21 03:57AM UTC

The AUDUSD pair keeps its stability above the bullish channel’s support line that appears on the chart, noticing that stochastic begins overlapping positively now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 0.7413 level initially.

 

The EMA50 supports the expected rise, which its continuation requires holding above 0.7250.

 

The expected trading range for today is between 0.7260 support and 0.7400

 

The expected trend for today: Bullish