Midday update for the NZDUSD 18-09-2020
The NZDUSD pair attempts to breach 0.6788 level, waiting for more rise and open the way to head towards our next main target that reaches 0.6900, to keep the bullish trend scenario valid and active unless breaking 0.6710 level and holding below it.
The expected trading range for today is between 0.6720 support and 0.6850
The expected trend for today: Bullish
Midday update for the AUDUSD 18-09-2020
The AUDUSD pair did not show any strong move since morning, and as long as the price is above 0.7250, our bullish overview will remain valid, supported by the EMA50, reminding you that our next main target is located at 0.7413.
The expected trading range for today is between 0.7260 support and 0.7400
The expected trend for today: Bullish
Midday update for Brent oil 18-09-2020
Brent oil price trades negatively now after attempting to surpass 43.84 level, and it might lean on the correctional bullish channel’s support line before resuming the expected bullish trend for today.
In general, we will keep our positive overview on the intraday and short term basis unless breaking 43.00 and 42.75 levels and holding below them, reminding you that our next main target is located at 44.87.
The expected trading range for today is between 42.50 support and 45.00 resistance.
The expected trend for today: Bullish
Midday update for Crude oil 18-09-2020
Crude oil price faces negative pressure now to approach the intraday bullish channel’s support line, affected by stochastic negativity, waiting to rebound bullishly to resume the expected bullish trend for today, which targets 41.85 followed by 43.05 levels as next main stations, reminding you that holding above 40.30 is important to achieve the suggested targets.
The expected trading range for today is between 39.80 support and 42.50 resistance.
The expected trend for today: Bullish