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Midday update for NZDUSD 17-11-2017

Economies.com
2017-11-17 10:28 UTC

The NZDUSD pair managed to break 0.6818 level and settles below it, which supports the continuation of our bearish overview efficiently in the upcoming period, paving the way to head towards our extended target that reaches 0.6618, to keep the bearish trend valid on the intraday and short term basis unless breaching 0.6992 and holding above it.

 

Expected trading range for today is between 0.6780 support and 0.6925

 

Expected trend for today: Bearish

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Midday update for AUDUSD 17-11-2017

Economies.com
2017-11-17 10:28 UTC

The AUDUSD pair resumes its negative trading to approach from our waited target at 0.7516, and the EMA50 continues to push negatively on the price, to support the chances of breaking the mentioned level followed by opening the way to head towards 0.7415 as a next main station.

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Midday update for Brent oil 17-11-2017

Economies.com
2017-11-17 10:28 UTC

Brent oil price shows clear bullish bias now after testing 60.95 level this morning, to keep the bullish trend scenario valid for today, supported by stochastic move at the oversold areas, waiting to breach 62.35 level to ease the mission of heading towards our first main target at 64.63, while holding above 60.95 represents key condition to achieve the suggested targets.

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Midday update for Crude oil 17-11-2017

Economies.com
2017-11-17 10:27 UTC

Crude oil price trades with clear positivity now after the sideways trading that it witnessed this morning, thus, our positive overview still active efficiently for today, waiting to target 57.90 followed by 60.25 levels as next main stations, taking into consideration that breaking 55.05 will stop the expected rise and push the price to start short term bearish correction.

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