The USDCHF keeps declining – Analysis - 14-01-2022
The USDCHF pair broke 0.9135 level clearly to confirm extending the bearish wave on the intraday basis, and the way is open to achieve our next negative target at 0.9060.
Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that holding below 0.9135 represents initial condition to continue the expected decline.
The expected trading range for today is between 0.9040 support and 0.9150 resistance.
The expected trend for today: Bearish
The NZDUSD gathers the positive momentum – Analysis - 14-01-2022
The NZDUSD pair approached our waited target at 0.6895 and bounced bearishly to test the key horizontal support line at 0.6860, noticing that stochastic gets rid of its negativity to gain the positive momentum gradually, waiting to resume the correctional bullish trend that targets 0.6960 as a next positive station.
Holding above 0.6820 is important to continue the expected rise, as breaking it will press on the price to return to the main bearish track again.
The expected trading range for today is between 0.6810 support and 0.6920 resistance
The expected trend for today: Bullish
The AUDUSD tests the support base – Analysis - 14-01-2022
The AUDUSD pair faced negative pressure in the previous session to test the key support 0.7275, and it keeps its stability above it until now, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the correctional bullish trend, which its next target located at 0.7420.
Therefore, we will continue to suggest the bullish trend on the intraday basis conditioned by the price stability above 0.7275.
The expected trading range for today is between 0.7240 support and 0.7340 resistance
The expected trend for today: Bullish
Brent oil price attempts positively – Analysis - 14-01-2022
Brent oil price opens today with bullish bias after the decline that it witnessed in the previous sessions, to keep the main bullish trend valid and active on the intraday and short term basis, supported by the EMA50 that continues to carry the price from below, reminding you that we are waiting to visit 85.80 mainly.
Holding above 83.00 is important to continue the expected rise, as breaking it will press on the price to test 80.80 areas before any new attempt to rise.
The expected trading range for today is between 82.70 support and 85.70 resistance.
The expected trend for today: Bullish