|
The NZDUSD awaits more decline – Analysis - 30-05-2023
The NZDUSD pair shows more bearish bias to move near 0.6020 level, noticing that stochastic overlaps negatively now, to motivate the price to provide additional negative trades and break the mentioned level to open the way to head towards 0.5900 as a next main target.
Therefore, we will continue to suggest the bearish trend on the intraday and short term basis, reminding you that it is important to hold below 0.6140 to continue the expected decline.
The expected trading range for today is between 0.5980 support and 0.6080 resistance
The expected trend for today: Bearish
Thanks for your feedback.
The AUDUSD tests the resistance – Analysis - 30-05-2023
The AUDUSD pair tested the key resistance 0.6550 and keeps its stability below it, to start providing negative trades now and attempts to move away from this level, reinforcing the expectations of continuing the bearish trend for the upcoming period, reminding you that our expected targets begin at 0.6460 followed by 0.6400.
MoreBrent oil price surpasses the resistance – Analysis - 30-05-2023
Brent oil price starts today with clear positivity to breach 76.80 level and attempts to hold above it, to hint heading to achieve expected rise in the upcoming sessions, targeting 78.90 level mainly.
MoreCrude oil price within sideways track – Analysis - 30-05-2023
Crude oil price fluctuates within sideways range between 71.55 support and 73.80 resistance, finding difficulty to exit this range, to suggest the continuation of the sideways move until the price manages to surpass one of these levels to detect its next destination clearly.
More