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The NZDUSD gathers the positive momentum – Analysis - 13-09-2019
The NZDUSD pair provided negative trades yesterday to approach the key support 0.6390, and the EMA50 meets this support to add more strength to it, accompanied by witnessing positive signals through stochastic, thus, we believe that the chances are valid to trade positively today, waiting to visit 0.6470 as a next main target.
In general, the bullish trend will remain valid unless breaking 0.6390 level and holding below it.
The expected trading range for today is between 0.6370 support and 0.6470
The expected trend for today: Bullish
The AUDUSD awaits the confirmation signal – Analysis - 13-09-2019
The AUDUSD pair continues to fluctuate at the bearish channel’s resistance, facing contradiction between the positivity of moving above the EMA50 and stochastic negativity, which makes us continue with our neutrality until we get clearer signal for the next trend, which we will get through breaching 0.6885 resistance or breaking 0.6830 support.
MoreBrent oil price breaks the support – Analysis - 13-09-2019
Brent oil price broke 59.93 level strongly and closed the daily candlestick below it, to confirm turning to decline, expecting to head to target 57.85 followed by 56.23 levels as next main stations.
MoreCrude oil price hits the first target – Analysis - 13-09-2019
Crude oil price settles at 50% Fibonacci correction level at 54.60, and the price faces negative pressure that makes us suggest breaking the mentioned level and extend the bearish wave on the short term basis, noting that confirming breaking 54.60 followed by 53.90 levels will push the price to 51.80 as a next main station.
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