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The USDCHF approaches the first target – Analysis - 24-01-2024

Economies.com
2024-01-24 04:12 UTC

The USDCHF pair resumed its positive trades yesterday to approach our first waited target at 0.8740, waiting for more rise to achieve additional gains that reach 0.8815 as a next positive target.

 

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.8635 and holding below it.

 

The expected trading range for today is between 0.8640 support and 0.8770 resistance.

 

The expected trend for today: Bullish

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The NZDUSD consolidates above the support – Analysis - 24-01-2024

Economies.com
2024-01-24 04:11 UTC

The NZDUSD pair tested 0.6070 level and kept its stability above it, and begins to provide positive trades in attempt to resume the expected bullish wave, which its next target located at 0.6140.

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The AUDUSD presses on the support – Analysis - 24-01-2024

Economies.com
2024-01-24 04:11 UTC

The AUDUSD pair faced solid resistance formed by the EMA50 against the recent positive attempts, to start pressing on the key support 0.6570 and attempts to break it now, which makes us prefer to stay aside until the price confirms its situation according to this level and detect its next destination clearly.

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Brent oil price awaits more rise – Analysis - 24-01-2024

Economies.com
2024-01-24 04:11 UTC

Brent oil price fluctuates around 79.50 level, noticing that stochastic attempts to get rid of its negative momentum, waiting to get positive motive that assist to push the price to resume the expected bullish wave on the intraday basis, which targets testing 81.00 as a next station, reminding you that breaching this level will lead the price to achieve additional gains that reach 83.87.

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