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The NZDUSD needs the positive momentum – Analysis - 12-05-2021

Economies.com
2021-05-12 00:03 UTC

The NZDUSD pair fluctuates within sideways and tight track, settling around 0.7260, while the EMA50 continues to support the price from below, to keep the bullish trend active on the intraday and short term basis, reminding you that our next target extends to 0.7400, while achieving it requires holding above 0.7185.

 

The expected trading range for today is between 0.7220 support and 0.7320 resistance

 

The expected trend for today: Bullish

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The AUDUSD gets a positive signal – Analysis - 12-05-2021

Economies.com
2021-05-12 00:03 UTC

The AUDUSD pair keeps its stability above the key support base 0.7810, to keep the bullish trend valid and active for the upcoming period, motivated by stochastic positivity, waiting to visit 0.7900 initially.

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Brent oil price resumes the rise – Analysis - 12-05-2021

Economies.com
2021-05-12 00:03 UTC

Brent oil price bounced bullishly after leaning on the bullish channel’s support line, getting positive support by the EMA50 and stochastic, to reinforce the expectations of continuing the main bullish trend, which targets 71.35 levels as a next main station.

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Crude oil price approaches the resistance – Analysis - 12-05-2021

Economies.com
2021-05-12 00:03 UTC

Crude oil price traded with clear positivity yesterday to reach the key resistance 65.60, and the price needs to breach this level to ease the mission of rallying towards our next positive target that reaches 67.95.

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