|
Midday update for the NZDUSD 17-12-2019
The NZDUSD pair faced negative pressure this morning to test the key support 0.6565, and it keeps its stability above it until now, noticing that stochastic reaches the oversold areas, which forms positive motive that reinforce the expectations of resuming the main bullish trend, which its next target located at 0.6650, while achieving it requires holding above 0.6565.
The expected trading range for today is between 0.6565 support and 0.6670
The expected trend for today: Bullish
Thanks for your feedback.
Midday update for the AUDUSD 17-12-2019
The AUDUSD pair shows negative trading since morning to approach the EMA50, while the bullish trend still valid as long as the price is above 0.6670, waiting to get positive motive to push the price to head towards our next positive target at 0.7015.
MoreMidday update for Brent oil 17-12-2019
The tight range dominates Brent oil price trades since morning, to keep the positive scenario valid without any change for today, depending on the price stability above 62.50, noting that stochastic approaches the oversold areas to support the positive overview, which its targets begin at 65.40 and extend further to 68.95 after breaching the previous level.
MoreMidday update for Crude oil 17-12-2019
Crude oil price fluctuates within tight track since morning and moves near the intraday bullish channel’s support line that appears on the chart, and as long as the price is above 59.05, the bullish trend scenario will remain active for today, supported by the EMA50, reminding you that our waited targets begin at 60.90 and extend to 62.30 after breaching the previous level.
More