The NZDUSD pair shows sideways trading now to head towards retesting the critical resistance level at 0.6975, as long as the price below this level, so our bearish trend expectations will remain valid and active for today, and its next main target located at 0.6780.

Note that breaching 0.6975 level will stop the expected decline and leads the price to test 0.7049 level directly before detecting the next trend on the short term basis.

Expected trading range for today is between 0.6780 support and 0.6975

Expected trend for today: Bearish

The AUDUSD pair rallied to breach 0.7230 level and settles above it, activating the positive effect of the double bottom pattern that appears in the image, reinforcing the expectations for rising in the upcoming sessions, waiting for testing 0.7329 level mainly.

Therefore, the bullish bias will remain preferred unless breaking 0.7210 level and holding below it, reminding you that we wait for a bearish rebound after testing the mentioned level to resume the main bearish trend.

Expected trading range for today is between 0.7150 support and 0.7329

Expected trend for today: Bullish temporarily

Brent oil price shows sideways and tight trading since morning keeping its stability above 55.25 level, to keep the bullish trend scenario valid until now, supported by stochastic positivity that appears clearly on the four hours' time frame, waiting to surpass the EMA50 that forms intraday resistance barrier at 56.10 to ease the mission of targeting 57.46 followed by 59.88 areas that represents the main targets of the current bullish wave.

Therefore, the bullish trend scenario will remain valid and active for today unless breaking 55.25 and holding below it.

Expected trading range for today is between 54.17 support and 58.00 resistance.

Expected trend for today: Bullish

Crude oil price keeps its stability above 52.20, while stochastic moves inside the oversold areas, which keeps our bullish trend expectations valid until now, waiting to head towards 55.27 level initially, which breaching it represents the key to extend oil price gains to reach 56.50 as a next main station.

Therefore, the bullish trend will remain suggested in the upcoming sessions unless breaking 52.20 level and holding below it.

Expected trading range for today is between 51.05 support and 55.27 resistance.

Expected trend for today: Bullish