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Midday update for the NZDUSD 14-01-2020

Economies.com
2020-01-14 11:03AM UTC

The NZDUSD pair faces additional negative pressure to attack 0.6625 level and moves below it, which urges caution from the upcoming trading, as closing the daily candlestick below this level will push the price towards 0.6544 as a next negative station, while stepping above 0.6625 will push the price back to the bullish track that its next target located at 0.6755.

 

The expected trading range for today is between 0.6560 support and 0.6700

 

The expected trend for today: Bullish

Midday update for Brent oil 14-01-2020

Economies.com
2020-01-14 11:03AM UTC

Brent oil price retests the broken support of the bullish channel, which forms initial resistance that we are waiting to protect today’s suggested negative scenario, waiting for bearish rebound to visit 62.50 as a next main station.

 

In general, the bearish trend will remain suggested for the upcoming period unless the price rallied to breach 65.40 level and hold above it.

 

The expected trading range for today is between 62.00 support and 65.00 resistance.

 

The expected trend for today: Bearish

Midday update for Crude oil 14-01-2020

Economies.com
2020-01-14 11:03AM UTC

Crude oil price shows slight bullish bias to move above 58.00 level, while the EMA50 keeps pressing negatively on the price, to keep our bearish overview that depends on the price stability below 60.90, reminding you that our targets begin at 57.40 and extend to 54.60 after breaking the previous level.

 

The expected trading range for today is between 56.50 support and 59.30 resistance.

 

The expected trend for today: Bearish

Midday update for Silver 14-01-2020

Economies.com
2020-01-14 11:03AM UTC

Silver price continues to decline to reach the thresholds of 17.60 level, noting that the price completed forming the head and shoulders’ pattern that supports the chances of breaking the mentioned level followed by opening the way to visit 16.96 level as a next target.

 

Therefore, the bearish trend will remain suggested for the upcoming period unless the price rallied to breach 18.38 and hold above it.

 

The expected trading range for today is between 17.50 support and 18.00 resistance.

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of NZD/USD today?

The price of NZD/USD is $0.6008 (2025-07-11 22:15PM UTC)