The USDCHF achieves some gains – Analysis - 14-09-2023
The USDCHF pair provided positive trades yesterday to touch 0.5850 level, waiting for more rise to head towards the main expected target at 0.8995.
Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50, reminding you that it is important to hold above 0.8890 to achieve the waited targets.
The expected trading range for today is between 0.8870 support and 0.8990 resistance.
The expected trend for today: Bullish
The NZDUSD attempts to recover – Analysis - 14-09-2023
The NZDUSD pair couldn’t manage to hold for long time below 0.5900, to trade positively and attempt to achieve gains on the intraday basis, hindered by stochastic negativity that appears clearly now, to stay aside until we get clearer signal for the next trend.
Note that breaching 0.5935 will push the price to rise in the upcoming sessions and head towards 0.6020 direct, while breaking 0.5900 represents negative factor that will push the price to decline towards 0.5800 followed by 0.5750 levels.
The expected trading range for today is between 0.5860 support and 0.5990 resistance
The expected trend for today: Neutral
The AUDUSD attempts positively – Analysis - 14-09-2023
The AUDUSD pair shows positive trades by today’s open to attempt to move away from 0.6400, to hint the attempt to recover and achieve gains in the upcoming sessions, but we notice that stochastic shows clear overbought signals, which might push the price to decline again.
Therefore, we will continue with our neutrality until we get clearer signal for the next trend, noting that breaking 0.6400 will push the price to decline towards 0.6300 areas initially, while breaching 0.6445 represents the key to start intraday bullish wave that targets testing 0.6545 as a next main station.
The expected trading range for today is between 0.6370 support and 0.6490 resistance
The expected trend for today: Neutral
Brent oil price awaits more rise – Analysis - 14-09-2023
Brent oil price found solid resistance at 93.00 barrier, to show some temporary bearish bias, as it leans on the bullish channel’s support line and prepares to resume the bullish trend again, motivated by stochastic positivity, besides the support provided by the EMA50.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that holding above 92.05 and 91.50 levels is important to achieve the waited targets.
The expected trading range for today is between 91.20 support and 94.20 resistance.
The expected trend for today: Bullish