Midday update for the NZDUSD 21-11-2023
The NZDUSD pair provides additional positive trades to reach the thresholds of the first waited target at 0.6090, waiting for more rise that its next target reaches 0.6140.
In general, the bullish trend will remain active for today conditioned the price stability above 0.6020.
The expected trading range for today is between 0.6020 support and 0.6130 resistance
The expected trend for today: Bullish
Midday update for the AUDUSD 21-11-2023
The AUDUSD pair shows more bullish bias to move away from 0.6545 level, reinforcing the expectations of continuing the rise for the rest of the day, reminding you that we are waiting to visit 0.6605 followed by 0.6660 levels as next main targets, which achieving them conditions holding above 0.6545.
The expected trading range for today is between 0.6540 support and 0.6640 resistance
The expected trend for today: Bullish
Midday update for Brent oil 21-11-2023
Brent oil price faces negative pressure to test the EMA50, affected by stochastic negativity, and as long as the price is above 81.00, our bullish overview will remain valid for today, waiting to gather positive momentum that assist to push the price to resume the positive trades that target testing 83.87 as a first station.
The expected trading range for today is between 81.20 support and 84.20 resistance.
The expected trend for today: Bullish
Midday update for Crude oil 21-11-2023
Crude oil price shows some bearish bias to test the key support 77.25, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend scenario active for today, which its targets begin by breaching 77.86 to confirm extending the bullish wave towards 79.60 followed by 81.20.
Note that breaking 77.25 will put the price under negative pressure that targets testing 75.85 as a first negative station.
The expected trading range for today is between 76.50 support and 79.50 resistance.
The expected trend for today: Bullish