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The NZDUSD confirms the breach – Analysis - 04-08-2022
The NZDUSD pair confirmed breaching 0.6257 level after closing the daily candlestick above it, to reactivate the bullish trend scenario and head towards achieving new gains that start at 0.6320 and extend to 0.6380 after breaching the previous level.
Therefore, the bullish bias will be suggested on the intraday basis unless breaking 0.6257 and holding below it.
The expected trading range for today is between 0.6250 support and 0.6350 resistance
The expected trend for today: Bullish
The AUDUSD keeps rising – Analysis - 04-08-2022
The AUDUSD pair provides additional positive trades to approach our first waited target at 0.6980, and we expect to surpass this level to head towards 0.7050 as a next positive station.
MoreBrent oil price breaks the support – Analysis - 04-08-2022
Brent oil price broke 102.25 level strongly and reached 100.00$ barrier, reinforcing the expectations of continuing the bearish trend efficiently for the upcoming sessions, reminding you that our next target is located at 99.25, and we expect to surpass this level to head towards 95.90 as a next main station.
MoreCrude oil price suffers sharp losses – Analysis - 04-08-2022
Crude oil price traded with strong negativity to approach our main waited target at 89.60, and we suggest the continuation of the negative pressure after the return to the bearish channel that appears on the chart to head towards achieving more negative targets on the intraday and short term basis, noting that the next target reaches 87.40.
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