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End of day analysis for the EURUSD 13-09-2019
The EURUSD pair attempted to breach the bearish channel’s resistance but it returns to fluctuate below it, to keep the bearish trend scenario active for the upcoming period, which its next target located at 1.0857, while its continuation requires holding below 1.1095.
Midday update for the NZDUSD 13-09-2019
The NZDUSD pair tests 0.6390 and keeps its stability above it, to keep the bullish trend scenario valid until now, supported by stochastic and the EMA50 positivity, waiting to resume the bullish bias that its next target located at 0.6470.
MoreMidday update for the AUDUSD 13-09-2019
The AUDUSD pair still confined between the trend confirmation levels represented by 0.6830 support and 0.6885 resistance, which makes us continue with our neutrality until the price confirms breaching one of the mentioned levels, noting that the details of the expected targets after the breach are explained in our morning report.
MoreMidday update for Brent oil 13-09-2019
Brent oil price resumes its negative trading after testing 59.93 level in the last sessions, keeping the bearish trend scenario valid and active for today, supported by moving below the EMA50, pointing that our waited targets begin at 57.85 and extend to 56.23, while achieving them requires holding below 56.23 level.
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