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

No news for Corn price – Analysis - 18-02-2021

Economies.com
2021-02-18 05:09AM UTC

Corn price did not show any strong move since yesterday, to continue fluctuating around 550.00, which keeps the positive scenario valid as it is without any change for the upcoming period, supported by moving above the EMA50, noting that we are waiting to head towards 570.40 as a next main target.

 

The expected trading range for today is between 545.00 support and 560.00 resistance.

The expected trend for today: Bullish

The USDCHF hits the first target – Analysis - 18-02-2021

Economies.com
2021-02-18 05:09AM UTC

The USDCHF pair rallied upwards strongly yesterday to succeed achieving our waited target at 0.8975, and breaches it to settle above it, which supports the continuation of the bullish wave on the intraday basis, which targets 0.9025 as a next station.

 

Therefore, the bullish trend will remain dominant in the upcoming sessions unless breaking 0.8975 followed by 0.8923 levels and holding below them.

 

The expected trading range for today is between 0.8930 support and 0.9050 resistance.

 

The expected trend for today: Bullish

The NZDUSD keeps its positive stability – Analysis - 18-02-2021

Economies.com
2021-02-18 05:09AM UTC

The NZDUSD pair provided more negative trades yesterday and approached 0.7150 level, but it bounced upwards to keep the continuation of the recently suggested positive scenario, waiting to head towards 0.7315 that represents the next main target.

 

Therefore, the bullish trend will remain valid and active for the upcoming period unless breaking 0.7150 and holding below it.

 

The expected trading range for today is between 0.7150 support and 0.7250 resistance

 

The expected trend for today: Bullish

The AUDUSD resumes the rise – Analysis - 18-02-2021

Economies.com
2021-02-18 05:09AM UTC

The AUDUSD pair bounced bullishly after retesting the previously breached resistance line, supported by the EMA50, waiting for more rise to visit 0.7820 as a first main target, reminding you that breaching this level will extend the bullish wave to reach 0.7915.

 

On the other hand, we should note that breaking 0.7725 followed by 0.7685 levels will stop the expected rise and press on the price to return to the correctional bearish track again.

 

The expected trading range for today is between 0.7700 support and 0.7820 resistance

 

The expected trend for today: Bullish