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Midday update for NZDUSD 29-03-2018
The NZDUSD pair settles at the critical support at 0.7185, waiting for breaking this level to confirm the extension of the bearish wave to 0.7107, where the EMA50 continues its negative pressure on the price, keeping the bearish trend scenario valid on the intraday and short term basis unless breaching 0.7281 level and holding above it.
Expected trading range for today is between 0.7100 support and 0.7281
Expected trend for today: Bearish
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Midday update for AUDUSD 29-03-2018
The AUDUSD pair shows some bullish bias affected by stochastic positivity and the strength of 0.7650 level, noticing that the indicator losses its bullish momentum gradually, while the EMA50 keeps pushing negatively on the price.
MoreMidday update for Brent oil 29-03-2018
The sideways and tight range dominates Brent oil price trading since morning, and as long as the price is above 69.09, our bullish overview will remain active for today, supported by the EMA50, reminding you that our first main target is located at the previously recorded top at 71.36.
MoreMidday update for Crude oil 29-03-2018
Crude oil price shows sideways trading since morning and settles above 64.20, thus, no change to the bullish trend scenario that depends on holding above the mentioned level, noting that our waited target is located at 66.70, while breaking 64.20 will extend oil price losses to reach 62.65 before any new positive attempt.
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