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The NZDUSD resumes rising – Analysis - 12-09-2019
The NZDUSD pair opens today’s trading with new positive trades to approach our first waited target at 0.6470, getting positive signals through stochastic and the EMA50, which supports the chances of breaching the mentioned level and open the way to extend the bullish wave on the short term basis, as the next target reaches 0.6530.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 0.6390 and holding below it.
The expected trading range for today is between 0.6390 support and 0.6490
The expected trend for today: Bullish
The AUDUSD tests the resistance – Analysis - 12-09-2019
The AUDUSD pair continues to fluctuate at the bearish channel’s resistance at 0.6885, and the price still stuck between the trend confirmation levels represented by the mentioned resistance and 0.6830 support, which makes us continue with our neutrality until the price confirms surpassing one of these levels.
MoreBrent oil price declines strongly – Analysis - 12-09-2019
Brent oil price declined strongly yesterday after US president Trump decided to study easing sanctions on Iran, which pushed the price to reach the key support 59.93, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to rebound bullishly and resume the bullish trend again.
MoreCrude oil price suffers sharp losses – Analysis - 12-09-2019
Crude oil price traded with strong negativity yesterday after the US president Trump hinted studying easing sanctions on Iran, which pushed the price to break 57.33 level and hold below it, to fall under expected negative pressure in the upcoming sessions, targeting testing 54.47 level as a next station.
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