|
The USDCHF touches the target – Analysis - 23-02-2023
The USDCHF pair managed to touch our first target at 0.9316 and settles there, and it might show some temporary decline affected by stochastic negativity, to head towards potential test to the intraday bullish channel’s support line before resuming the positive trades again.
We expect to witness additional bullish in the upcoming sessions, its targets begin by surpassing 0.9316 to head towards 0.9400 as a next station, noting that breaking 0.9220 will stop the expected rise and press on the price to turn to decline.
The expected trading range for today is between 0.9230 support and 0.9370 resistance.
The expected trend for today: Bullish
Thanks for your feedback.
The NZDUSD within sideways track – Analysis - 23-02-2023
The NZDUSD pair fluctuates within sideways track as appears on the chart, moving near the bearish channel’s resistance, and the EMA50 meets this resistance to add more strength to it, waiting to resume the bearish wave that targets testing 0.6140 as a next station.
MoreThe AUDUSD approaches the target – Analysis - 23-02-2023
The AUDUSD pair provided additional negative trades to reach the thresholds of the waited target at 0.6780, showing some temporary bullish bias affected by stochastic positivity, which begins to lose the positive momentum gradually, waiting to motivate the price to resume the correctional bearish wave that its next target reaches 0.6665.
MoreBrent oil price surpasses the target – Analysis - 23-02-2023
Brent oil price declined strongly and succeeded to achieve our waited targe tat 81.30, noticing that the price broke this level and closed the daily candlestick below it, to open the way to continue the decline and achieve additional negative targets that reach 79.55 followed by 78.35.
More