The USDCHF awaits confirmation signal – Analysis - 15-02-2022
The USDCHF pair still confined between the trend keys represented by 0.9200 support and 0.9265 resistance, to continue with our neutrality until the price confirms breaching one of these levels followed by detecting the next destination clearly.
The details of the expected targets after the breach are explained in our previous report.
The expected trading range for today is between 0.9170 support and 0.9300 resistance.
The expected trend for today: Neutral
The NZDUSD gets a negative close – Analysis - 15-02-2022
The NZDUSD pair closed the daily candlestick below 0.6615 level, which supports the continuation of our bearish overview efficiently, waiting for new negative trades to head towards 0.6530 as a next main station.
Holding below 0.6665 is important to continue the expected decline, as breaching it might push the price to test 0.6710 areas and might reach 0.6740 before any new negative attempt.
The expected trading range for today is between 0.6550 support and 0.6665 resistance
The expected trend for today: Bearish
The AUDUSD gets a negative signal – Analysis - 15-02-2022
The AUDUSD pair shows new negative trades by today’s open to move below 0.7125 level, and the EMA50 forms good negative pressure against the price, noticing that stochastic provides negative overlapping signal now.
Therefore, we believe that the chances valid to continue the decline in the upcoming sessions, which targets 0.7000 level mainly, noting that it is important to hold below 0.7125 – 0.7135 levels to continue the expected decline.
The expected trading range for today is between 0.7050 support and 0.7160 resistance
The expected trend for today: Bearish
Brent oil price keeps its positive stability – Analysis - 15-02-2022
Brent oil price bounced upwards strongly after the negative pressure that it witnessed yesterday, as it kept its stability above 93.36 level, to settle above 94.00 barrier now, reinforcing the expectations of continuing the main bullish trend, which targets 96.00 followed by 98.60 levels as next main stations.
Holding above 93.36 is important to continue the expected rise, as breaking it might turn the intraday trades to decline and test 90.70 areas before any new positive attempt.
The expected trading range for today is between 93.00 support and 96.00 resistance.
The expected trend for today: Bullish