Midday update for the NZDUSD 11-09-2019
The NZDUSD pair returns to flcutaute in sideways track, as the price is above 0.6390 level, so our bullish trend expectations will remain active for today, supported by the EMA50 and stochastic, reminding you that our next main target is located at 0.6470.
The expected trading range for today is between 0.6390 support and 0.6490
The expected trend for today: Bullish
Midday update for the AUDUSD 11-09-2019
The AUDUSD pair tested the main bearish channel’s resistance at 0.6885 and it remains below it, where the price remains confined between this resistance and 0.6830 support, therefore, our neutral attitude will remain valid until confirming breaching one of these levels.
To recognize the details of the expected targets from braeching the mentioned levels, please review our morning report.
The expected trading range for today is between 0.6830 support and 0.6920
The expected trend for today: Neutral
Midday update for Brent oil 11-09-2019
Brent oil price approaches from 62.92 level now, waiting for breaching this level to confirm the extension of the bullish wave on the short term basis, and its next targets are located at 64.00 then 65.92, while achieving them requires holding above 59.93 level.
The expected trading range for today is between 61.40 support and 64.00 resistance.
The expected trend for today: Bullish
Midday update for Crude oil 11-09-2019
Crude oil price shows sideways and tight range trading since morning and keeps its stability above 57.33 level, keeping the bullish trend scenario active for today, supported by the positive overlapping signal that comes stochastic, waiting for resuming the bullish bias that targets 60.86 level as a next main station.
The expected trading range for today is between 57.00 support and 60.00 resistance.
The expected trend for today: Bullish