Midday update for the NZDUSD 31-07-2020
The NZDUSD pair settles above the bullish channel’s support, to keep preferring the bullish trend in the upcoming sessions, and its next main target located at 0.6750, reminding you that holidng above 0.6625 is important for the continuation of the suggested bullish wave.
The expected trading range for today is between 0.6650 support and 0.6800
The expected trend for today: Bullish
Midday update for Soybean price 31-07-2020
Soybean price surpassed the EMA50 and settles above it, reinforcing the expectations for the bullish trend continuation in the upcoming sessions, targeting 905.50 level as an initial positive station, reminding you that the continuation of the bullish wave conditioned by holding above 888.50 and the most important above 880.00 levels.
The expected trading range for today is between 885.00 support and 900.00 resistance.
The expected trend for today: Bullish
Midday update for the AUDUSD 31-07-2020
The AUDUSD pair shows slight bearish bias affected by stochastic negativity, while the main bullish trend scenario depending on the stability above 0.7120 and 0.7065 levels, pointing that the EMA50 keeps supporting the suggested bullish wave’s support, targeting 0.7290 level as a next main station.
The expected trading range for today is between 0.7150 support and 0.7290
The expected trend for today: Bullish
Midday update for Brent oil 31-07-2020
Brent oil price traded with slight positivity this morning, but it returns to fluctuate near 43.30, therefore, so our neutral attitude will remain valid until now, waiting for breaking 42.75 support or breaching 43.85 resistance to detect the next trend clearly.
to recognize the details of the expected targets from the breach, please review our morning issued report.
The expected trading range for today is between 42.00 support and 45.00 resistance.
The expected trend for today: Neutral