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Midday update for the NZDUSD 20-02-2024

Economies.com
2024-02-20 09:34AM UTC

The NZDUSD pair shows new positive trades in attempt to move away from 0.6140 level and confirm the continuation of the bullish trend domination on the intraday basis, waiting to head towards our next main target at 0.6228, to continue suggesting the bullish trend in the upcoming sessions conditioned by the price stability above 0.6140.

 

The expected trading range for today is between 0.6100 support and 0.6190 resistance

 

The expected trend for today: Bullish

Midday update for the AUDUSD 20-02-2024

Economies.com
2024-02-20 09:34AM UTC

The AUDUSD pair resumes its positive trading now, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to achieve our waited target at 0.6570, noting that breaching it will extend the bullish wave towards 0.6640 as a next station, reminding you that the continuation of the expected bullish wave depends on the price stability above 0.6500.

 

The expected trading range for today is between 0.6480 support and 0.6580 resistance

 

The expected trend for today: Bullish

Midday update for Brent oil 20-02-2024

Economies.com
2024-02-20 09:34AM UTC

Brent oil price crawls upwards to keep approaching 83.87 level, waiting to get positive motive that assist to push the price to surpass this level and open the way to rally towards our next positive target that reaches 85.55.

 

Therefore, the bullish trend scenario will remain valid and active unless breaking 82.70 and holding below it.

 

The expected trading range for today is between 82.30 support and 85.20 resistance.

 

The expected trend for today: Bullish

Midday update for Crude oil 20-02-2024

Economies.com
2024-02-20 09:34AM UTC

Crude oil price fluctuates within tight and sideways range since morning, and as long as the price is above 77.86, our bullish overview will remain valid and active for today, supported by the EMA50 that reinforces the chances of achieving more gains in the upcoming period, reminding you that our expected targets start at 79.15 followed by 80.00.

 

The expected trading range for today is between 77.30 support and 80.30 resistance

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of NZD/USD today?

The price of NZD/USD is $0.6008 (2025-07-11 23:05PM UTC)