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The NZDUSD faces solid resistance – Analysis - 27-01-2023

Economies.com
2023-01-27 05:02AM UTC

The NZDUSD pair attempts to breach 0.6510 level and finds solid resistance there, and continues to move within the bullish channel that supports the chances of continuing the bullish wave that its next target reaches 0.6600.

 

Until now, the bullish trend scenario still active for the upcoming period, supported by stochastic and the EMA50 positivity, noting that it is important to hold above 0.6470 to continue the expected rise.

 

The expected trading range for today is between 0.6440 support and 0.6570 resistance

The expected trend for today: Bullish

The AUDUSD hits the first target – Analysis - 27-01-2023

Economies.com
2023-01-27 05:02AM UTC

The AUDUSD pair succeeded to touch our waited target at 0.7135 and fluctuates within sideways track since yesterday, settling above 0.7100 barrier, waiting to get positive momentum that assists to push the price to continue rising and head towards our next target that reaches 0.7200.

 

Therefore, the bullish trend scenario will remain active for the upcoming period, supported by the EMA50, noting that breaking 0.7060 will press on the price to achieve intraday bearish correction before turning back to rise again.

 

The expected trading range for today is between 0.7070 support and 0.7190 resistance

 

The expected trend for today: Bullish

Brent oil price surpasses the resistance – Analysis - 27-01-2023

Economies.com
2023-01-27 05:02AM UTC

Brent oil price confirmed breaching 86.90 level to head towards achieving expected gains in the upcoming sessions, targeting testing 88.20 level mainly, being aware that it is important to monitor the price at this level, as breaching it will extend the bullish wave to reach 89.90 as a next target, while consolidating against the bullish bias will press on the price to decline again.

 

On the other hand, we should note that breaking 86.90 will stop the suggested positive scenario and press on the price to head towards 85.10 direct.

 

The expected trading range for today is between 86.00 support and 89.50 resistance.

 

The expected trend for today: Bullish

Crude oil price within sideways track – Analysis - 27-01-2023

Economies.com
2023-01-27 05:02AM UTC

Crude oil price shows bullish bias to approach the key resistance 81.60, noticing that the price moves within sideways range between the mentioned resistance and 78.95 support as appears on the chart, to suggest the sideways bias on the intraday basis until the price manages to surpass one of the mentioned levels and detect the next destination clearly.

 

Note that breaching the resistance will push the price to achieve additional bullish correction that its next target reaches 84.25, while breaking the support will press on the price to decline and achieve negative targets that start at 77.10 and extend to 75.65.

 

The expected trading range for today is between 79.50 support and 83.00 resistance.

The expected trend for today: Sideways

Frequently asked questions

What is the price of NZD/USD today?

The price of NZD/USD is $0.6068 (2025-07-04 03:05AM UTC)