Midday update for the NZDUSD 27-11-2023
The NZDUSD pair trades positively now, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, which gets good support by the EMA50, waiting to test 0.6140 as a next station, taking into consideration that holding above 0.6020 represents major condition to the continuation of the expected rise.
The expected trading range for today is between 0.6020 support and 0.6120 resistance
The expected trend for today: Bullish
Midday update for the AUDUSD 27-11-2023
The AUDUSD pair shows new bullish bias now, to support the continuation of the expected bullish trend for today, waiting to surpass 0.6605 level to open the way to head towards 0.6660 as a next main station, reminding you that the continuation of the bullish wave depends on the price stability above 0.6020.
The expected trading range for today is between 0.6530 support and 0.6630 resistance
The expected trend for today: Bullish
Midday update for Brent oil 27-11-2023
Brent oil price keeps its stability below 81.00 level, to keep the negative scenario active for today, supported by the negative pressure formed by the EMA50, waiting to visit 77.44 as a next main target.
On the other hand, we should note that breaching 81.00 will stop the expected decline and lead the price to start recovery attempts on the intraday basis.
The expected trading range for today is between 78.30 support and 81.00 resistance.
The expected trend for today: Bearish
Midday update for Crude oil 27-11-2023
Crude oil price settles around 75.00 barrier, waiting to get negative motive that assists to push the price to resume the expected bearish bias for today, which its next target located at 73.73, reminding you that surpassing this level will push the price to 72.25 followed by 70.00 levels, while holding below 77.86 levels represents key condition to achieve these targets.
The expected trading range for today is between 73.00 support and 76.00 resistance.
The expected trend for today: Bearish