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Midday update for the NZDUSD 04-12-2023

Economies.com
2023-12-04 10:12AM UTC

The NZDUSD pair fluctuates with slight negativity and attempts to return to fluctuate around 0.6200, to keep our bullish overview that depends on the price stability above 0.6140, supported by the EMA50, reminding you that we are waiting to visit 0.6290 as a next main target.

 

The expected trading range for today is between 0.6160 support and 0.6260 resistance

 

The expected trend for today: Bullish

Midday update for the AUDUSD 04-12-2023

Economies.com
2023-12-04 10:12AM UTC

The AUDUSD pair faces clear negative pressure to break 0.6660 level and attempt to hold below it, which urges caution from the upcoming trading, as holding below this level represents negative factor that will force the price to decline in the upcoming sessions and head towards 0.6600 areas initially, while the price needs to step above 0.6660 again to revive the positive scenario that targets 0.6700 followed by 0.6780 levels mainly.

 

The expected trading range for today is between 0.6640 support and 0.6720 resistance

 

The expected trend for today: Bullish

Midday update for Brent oil 04-12-2023

Economies.com
2023-12-04 10:12AM UTC

Brent oil price shows more bearish bias to approach the second waited target at 77.44, reminding you that the continuation of the decline and breaking this level will push the price to achieve more negative targets, which extend to 76.00 as a next negative station.

 

Therefore, the bearish trend scenario will remain valid unless the price rallied to breach 81.00 and hold above it.

 

The expected trading range for today is between 76.80 support and 79.80 resistance.

 

The expected trend for today: Bearish

Midday update for Crude oil 04-12-2023

Economies.com
2023-12-04 10:12AM UTC

Crude oil price begins to break 73.73 level and attempts to hold below it, reinforcing the expectations of continuing the bearish trend for the rest of the day, paving the way to achieve new negative targets that start at 72.20 and extend to 70.00, noting that failing to confirm the break will push the price to attempt to bullish wave and achieve gains that reach 77.86.

 

The expected trading range for today is between 71.80 support and 74.80 resistance.

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of NZD/USD today?

The price of NZD/USD is $0.5947 (2025-07-15 19:25PM UTC)