|
The USDCHF keeps its negative stability – Analysis - 17-11-2023
The USDCHF pair didn’t show any strong move yesterday, to remain stable below 0.8888, thus, no change to the expected bearish trend scenario on the intraday basis, which targets testing 0.8810 as a next main station, noting that breaching 0.8888 will lead the price to start recovery attempts that target 0.8968 initially.
The expected trading range for today is between 0.8880 support and 0.8950 resistance.
The expected trend for today: Bearish
Thanks for your feedback.
The NZDUSD keeps declining – Analysis - 17-11-2023
The NZDUSD pair keeps providing the negative trades to approach our first waited target at 0.5935, and we suggest the continuation of the bearish bias to visit 0.5900 level as a next negative station, to keep the bearish trend scenario active on the intraday basis.
MoreThe AUDUSD awaits more decline – Analysis - 17-11-2023
The AUDUSD pair shows more bearish bias to approach the EMA50, waiting to test 0.6400 level that represents our main target, noting that breaking this level will put the price under additional negative pressure that its next targets reach 0.6310 areas.
MoreBrent oil price hits the extended target – Analysis - 17-11-2023
Brent oil price traded with strong negativity yesterday to succeed achieving our extended target at 77.44 and settles there, and the negative effect of the double top pattern still active, to support the chances of surpassing the mentioned level to head towards achieving additional negative targets that reach 74.65 as a next main station.
More