Midday update for the NZDUSD 22-09-2023
The NZDUSD pair breached 0.5940 level clearly to activate the positive scenario in the upcoming sessions, on its way to visit 0.6020 as a next main target, making the bullish bias expected for the rest of the day conditioned by the price stability above 0.5900.
The expected trading range for today is between 0.5870 support and 0.5990 resistance
The expected trend for today: Bullish for the rest of the day
Midday update for the AUDUSD 22-09-2023
The AUDUSD pair trades positively to surpass 0.6440 and attempts to hold above it, to hint heading to achieve expected gains for the rest of the day, targeting visiting 0.6545 mainly.
Therefore, the bullish bias will be suggested in the upcoming sessions unless breaking 0.6400 and holding below it.
The expected trading range for today is between 0.6360 support and 0.6480 resistance
The expected trend for today: Bullish for the rest of the day
Midday update for Brent oil 22-09-2023
Brent oil price resumes its positive trading to approach our first waited target at 94.80, waiting for more rise to visit the recently recorded high at 96.05 as a next main target.
The EMA50 continues to support the expected rise, which will remain valid unless breaking 92.74 and holding with a daily close below it.
The expected trading range for today is between 92.74 support and 95.70 resistance.
The expected trend for today: Bullish
Midday update for Crude oil 22-09-2023
Crude oil price shows new positive trades to move above 91.00 barrier now, reinforcing the expectations of continuing the bullish trend for the rest of the day, reminding you that our targets begin at 91.45 and extend to 92.92 after surpassing the previous level.
Therefore, the bullish trend scenario will remain valid and active, supported by the EMA50, reminding you that the continuation of the bullish wave depends on the price stability above 89.35.
The expected trading range for today is between 89.50 support and 92.50 resistance.
The expected trend for today: Bullish