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Sugar price tests the key support – Analysis - 12-09-2023
Sugar price faced new negative pressure yesterday to test the key support 26.20, noticing that the price consolidated above this level to attempt to rise again, which keeps our positive overview valid and active, waiting to breach 26.80 to open the way to head towards our next main target at 27.50.
We remind you that breaking 26.20 will stop the suggested bullish trend and put the price under the correctional bearish pressure again.
The expected trading range for today is between 26.20 support and 27.10 resistance
The expected trend for today: Bullish
The USDCHF awaits more rise – Analysis - 12-09-2023
The USDCHF pair continues to fluctuate within sideways track, keeping its stability above 0.8890, thus, no change to the expected bullish trend for the upcoming period, which its next target reaches 0.8995, while achieving it requires holding above 0.8890.
MoreThe NZDUSD builds support base – Analysis - 12-09-2023
The NZDUSD pair settles above 0.5900 level, to build support base that supports the chances of starting bullish wave on the intraday basis, on its way to achieve gains that reach 0.6020 initially.
MoreThe AUDUSD needs the positive momentum – Analysis - 12-09-2023
The AUDUSD pair keeps its stability above 0.6400, to keep the bullish trend scenario valid and active, waiting to visit 0.6545 as a next main target.
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