Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Midday update for Corn price 09-04-2020

Economies.com
2020-04-09 10:59AM UTC

Corn Price recent trades confined within bearish pennant pattern that appears on the chart, which supports the chances of resuming the main bearish trend, and the price needs to break 332.60 to activate the negative effect of the mentioned pattern followed by rallying towards our next target that reaches 324.30, reminding you that holding below 336.00 is important to continue the expected decline.

 

The expected trading range for today is between 325.00 support and 340.00 resistance.

 

The expected trend for today: Bearish

Midday update for the NZDUSD 09-04-2020

Economies.com
2020-04-09 10:59AM UTC

The NZDUSD pair shows sideways trades since morning, settling around 0.6000 barrier, and as logn as the price is above 0.5958, our bullish overview will remain valid for today, supported by the EMA50, reminding you that our targets begin at 0.6073 and extend to 0.6216 after breaching the previous level.

 

The expected trading range for today is between 0.5960 support and 0.6100

 

The expected trend for today: Bullish

Midday update for the AUDUSD 09-04-2020

Economies.com
2020-04-09 10:59AM UTC

The AUDUSD pair hovers around 0.6236 level since morning, waiting to get positive motive that assists to push the price to confirm breaching this level and open the way to head towards 0.6407 that represents our next target.

 

In general, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 0.6097, reminding you that the EMA50 keeps supporting the suggested bullish wave.

 

The expected trading range for today is between 0.6150 support and 0.6340

 

The expected trend for today: Bullish

Midday update for Brent oil 09-04-2020

Economies.com
2020-04-09 10:58AM UTC

Brent oil price shows more rise to gradually approach our first waited target 34.95, to continue suggesting the bullish trend in the upcoming sessions, supported by the EMA50 that keeps carrying the price from below, which supports the chances of breaching the mentioned level to head towards our next target at 36.00, reminding you that it is important to hold above 32.50 to achieve the suggested targets.

 

The expected trading range for today is between 32.00 support and 35.50 resistance.

 

The expected trend for today: Bullish