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Midday update for the NZDUSD 08-08-2022

Economies.com
2022-08-08 10:20AM UTC

The NZDUSD pair trades with clear positivity to attack 0.6257 level and attempts to hold above it, which urges caution from the upcoming trading, and we prefer to stay aside until the price confirms its situation according to the mentioned level, as holding above it will stop the morning suggested negative scenario and lead the price to head towards 0.6318 initially.

 

The expected trading range for today is between 0.6220 support and 0.6310 resistance

The expected trend for today: Neutral

Midday update for the AUDUSD 08-08-2022

Economies.com
2022-08-08 10:20AM UTC

The AUDUSD pair shows additional positive trades to surpass the bearish channel’s resistance and reinforce the expectations of continuing the bearish trend, which targets 0.6980 followed by 0.7050 as main stations, reminding you that it is important to hold above 0.6910 to achieve these targets.

 

The expected trading range for today is between 0.6880 support and 0.7000 resistance

 

The expected trend for today: Bullish

Midday update for Brent oil 08-08-2022

Economies.com
2022-08-08 10:20AM UTC

Brent oil price trades with clear negativity to start attacking 97.15 level, as it settles below it now, which supports the continuation of the expected bearish trend scenario efficiently for today, which targets 95.90 followed by 90.45 levels as next main stations, while holding below 100.95 represents initial condition to achieve the suggested targets.

 

The expected trading range for today is between 95.00 support and 99.50 resistance.

 

The expected trend for today: Bearish

Midday update for Crude oil 08-08-2022

Economies.com
2022-08-08 10:20AM UTC

Crude oil price resumes its negative trading to start pressing on 87.40 level, rienforcing the expectations of continuing the bearish trend for the rest of the day, reminding you that our next target is located at 85.90, noting that the EMA50 keeps supporting the suggested bearish wave, which will remain valid unless breaching 90.55 and holding above it.

 

The expected trading range for today is between 85.90 support and 90.00 resistance.

The expected trend for today: Bearish

Frequently asked questions

What is the price of NZD/USD today?

The price of NZD/USD is $0.6058 (2025-07-04 23:55PM UTC)