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Midday update for the NZDUSD 11-01-2021
The NZDUSD pair settles below 0.7200, and the bearish trend scenario still active affected by the previously completed double top pattern, waiting to test 0.7160 followed by 0.7147 levels as main negative stations, reminding you that the continuation of the bearish wave depends on the price stability below 0.7225.
The expected trading range for today is between 0.7110 support and 0.7240
The expected trend for today: Bearish
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Midday update for the AUDUSD 11-01-2021
The AUDUSD pair settles at the bullish channel’s support line, and stochastic begins providing positive signals that support resuming the main bullish trend, but we still neutral until the price confirms its situation according to 0.7695 to detect the next destination clearly.
MoreMidday update for Brent oil 11-01-2021
Brent oil price touched 55.00 level and begins recovery attempts now, accompanied by stochastic getting rid of the negative momentum gradually, waiting to motivate the price to resume the main bullish trend, which its next main target located at 57.77, reminding you that it is important to hold above 54.95 to continue the expected rise.
MoreMidday update for Crude oil 11-01-2021
Crude oil price continues to fluctuate around 51.70 level and keeps its stability above it, to keep the bullish trend scenario valid for today, which depends on the price stability above the mentioned level and above 51.40, supported by the EMA50 that keeps carrying the bullish wave, reminding you that our next main target extends to 54.62.
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