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Midday update for Sugar price 17-08-2021
Sugar price rallied upwards strongly to succeed achieving our second target at 20.50 and breached it to confirm opening the way to achieve more gains in the upcoming sessions, waiting to visit 21.00 that represents our next target, reminding you that the continuation of the bullish wave requires holding above 20.00.
The expected trading range for today is between 20.00 support and 20.80 resistance
The expected trend for today: Bullish
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Midday update for the NZDUSD 17-08-2021
The NZDUSD pair shows additional negative trades to approach our waited negative target at 0.6865, to keep the bearish trend scenario dominant for the rest of the day, supported by moving below the EMA50, reminding you that it is important to hold below 0.7000 to continue the suggested decline.
MoreMidday update for the AUDUSD 17-08-2021
The AUDUSD pair managed to surpass 0.7300 level to confirm the continuation of the expected bearish trend for the upcoming period, which its next target located at 0.7225, waiting for more decline for the rest of the day conditioned by the price stability below 0.7375.
MoreMidday update for Brent oil 17-08-2021
Brent oil price shows new negative trades in attempt to head towards our first waited target at 67.70, falling under continuous negative pressure coming by the EMA50, to keep the bearish trend valid and active for today, which depends on the price stability below 69.65, while its targets extend to 66.00 after surpassing the first target.
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