Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Midday update for the NZDUSD 04-08-2022

Economies.com
2022-08-04 13:04 UTC

The NZDUSD pair reached our first target at 0.6320 now, waiting for more rise to breach this level and confirm extending the bullish wave towards 0.6380, reminding you that the continuation of the bullish wave depends on the price stability above 0.6257.

 

The expected trading range for today is between 0.6250 support and 0.6350 resistance

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The expected trend for today: Bullish

Midday update for the AUDUSD 04-08-2022

Economies.com
2022-08-04 13:04 UTC

The AUDUSD pair managed to touch our first waited target at 0.6980 and attempts to breach it, reinforcing the expectations of continuing the bullish wave and head to visit 0.7050 as a next target, to keep our bullish overview conditioned by the price stability above 0.6910.

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Midday update for Brent oil 04-08-2022

Economies.com
2022-08-04 13:04 UTC

Brent oil price resumes its negative trading calmly to press on 100.00 barrier, waiting for more decline to confirm opening the way to head towards our next target at 95.90, to keep the bearish trend scenario active for today conditioned by the price stability below 102.25.

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Midday update for Crude oil 04-08-2022

Economies.com
2022-08-04 13:03 UTC

Crude oil price touched our waited target at 89.60 and presses negatively on it, to support the expectations of extending the bearish wave, supported by the negative pressure formed by the EMA50, reminding you that breaking this level will push the price to 87.40 as a next negative target, while the expected decline will remain valid unless the price rallied to breach 91.65 and hold above it.

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