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The USDCHF within the bullish channel – Analysis - 16-09-2019
The USDCHF pair shows some bearish bias to test the bullish channel’s support line that appears on the chart, while the EMA50 provides the positive support to the price, to support the chances of bouncing bullishly and resume the main bullish trend, which targets visiting 0.9990 level mainly.
Therefore, we will keep our bullish overview unless breaking 0.9836 level and holding below it.
The expected trading range for today is between 0.9850 support and 0.9950 resistance.
The expected trend for today: Bullish
The NZDUSD breaks the support – Analysis - 16-09-2019
The NZDUSD pair broke 0.6390 support and settled below it, but it begins today with bullish bias in attempt to step above it again, getting positive support by stochastic, which encourages us to suggest the bullish bias in the upcoming sessions, which targets 0.6470 level mainly.
MoreThe AUDUSD around the resistance – Analysis - 16-09-2019
The AUDUSD pair continues to fluctuate at the bearish channel’s resistance, and the price still stuck between the trend keys represented by 0.6830 support and 0.6885 resistance, as the price needs to breach one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.
MoreBrent oil price records historical rise – Analysis - 16-09-2019
Brent oil price began the week trading with a strong bullish gap and a rise that approached from 20% after the Aramco assaults, recording 67.50 level as the highest price for today, while it provides negative trading that puts the price below 65.92 now, showing signals for the price head towards providing more of the bearish bias in the upcoming sessions, in its way to visit 62.92 level initially.
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