Midday update for the NZDUSD 13-01-2021
The NZDUSD pair faces diffuclty to surpass 0.7245 until now, to head towards testing the main bullish channel’s support line, noting that we will keep our bullish overview conditioned by the price stability above 0.7180, reminding you that our main waited target is located at 0.7315.
The expected trading range for today is between 0.7180 support and 0.7300
The expected trend for today: Bullish
Midday update for the AUDUSD 13-01-2021
The AUDUSD pair shows slight negative trades affected by stochastic negativity, and as long as the price is above 0.7680, our bullish overview will remain valid for today, supported by the EMA50, reminding you that our next main target is located at 0.7820.
The expected trading range for today is between 0.7700 support and 0.7840
The expected trend for today: Bullish
Midday update for Brent oil 13-01-2021
Brent oil price trades at the intraday bullish trend line that appears on the chart, and it needs to hold above 56.15 to keep the bullish trend scenario valid and active for today, which gets continuous support by the EMA50, waiting to head towards 57.77 followed by 60.65 levels as next main stations, while holding above 56.15 is important to continue the expected rise.
The expected trading range for today is between 56.15 support and 59.00 resistance.
The expected trend for today: Bullish
Midday update for Crude oil 13-01-2021
Crude oil price tests the intraday bullish channel’s support line and still above it, to keep the bullish trend scenario valid and active for the upcoming period, which depends on the price stability above 53.00, noting that our waited targets begin at 54.62 and extend to 56.00.
The expected trading range for today is between 52.50 support and 55.60 resistance.
The expected trend for today: Bullish