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Midday update for the NZDUSD 24-01-2024
The NZDUSD pair managed to achieve our waited target at 0.6140 and finds solid resistance there, and we suggest the continuation of the bullish bias to surpass this level and open the way to achieve additional gains that reach 0.6228, to keep the bullish trend scenario valid and active for the upcoming period, noting that failing to breach 0.6140 will push the price to rebound bearishly and head to test 0.6070 areas mainly.
The expected trading range for today is between 0.6050 support and 0.6150 resistance
The expected trend for today: Bullish
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Midday update for the AUDUSD 24-01-2024
The AUDUSD pair trades with clear positivity to move away from 0.6570 level and hints heading to reactivate the intraday bullish track, on its way to test 0.6640 as a next main station.
MoreMidday update for Brent oil 24-01-2024
Brent oil price didn’t show any strong move since morning, and keeps fluctuating around 79.50, which keeps the positive scenario valid as it is without any change for today, supported by the EMA50, which targets 81.00 level initially, reminding you that the continuation of the bullish wave depends on the price stability above 77.44.
MoreMidday update for Crude oil 24-01-2024
Crude oil price shows weak trades since morning, thus, no change to the expected bullish trend scenario for today, which depends on the price stability above 73.73 and 73.05 levels, supported by the EMA50 that carries the price from below, noting that we are waiting to visit 77.86 as a next main target.
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