The NZDUSD pair begins today's trading with clear positivity to breach 0.6975 level and settles above it, which opens the way to continue the bullish bias in the upcoming sessions, and the target is testing 0.7049 level before any new attempt to decline.

Therefore, the bullish trend will be suggested for today supported by the completion of the double bottom pattern that appears on chart, noting that the expected rise is temporary, waiting to rebound bearishly to resume the main bearish trend that its targets begin at 0.6915 and extend to 0.6780, taking into consideration that breaching 0.7049 will stop the bearish trend scenario and lead the price to attempt to regain the medium term bullish trend.

Expected trading range for today is between 0.6900 support and 0.7049

Expected trend for today: Bullish temporarily

The AUDUSD pair keeps rising to approach from our main waited target at 0.7329, reminding you that the current rise is temporary unless breaching the mentioned level followed by opening the way to achieve more gains on the short term basis, waiting the price to return to resume the bearish track that its next main target located at 0.7063.

Therefore, the rise will remain suggested in the upcoming sessions unless the price managed to break 0.7210 and hold below it.

Expected trading range for today is between 0.7210 support and 0.7350

Expected trend for today: Bullish temporarily

Brent oil price bounced bullishly after leaning on the support base formed above the previously breached resistance that appears on chart, which supports the continuation of the bullish trend scenario efficiently in the upcoming period, moving inside the bullish channel that organizes trading since last November, waiting to achieve more gains on the short term basis, as our next main target is located at 59.88.

Therefore, the bullish trend will remain suggested in the upcoming sessions supported by the price move above the EMA50, noting that holding above 55.05 represents key condition to continue the expected rise.

Expected trading range for today is between 55.05 support and 59.00 resistance.

Expected trend for today: Bullish

Crude oil price traded with calm positivity yesterday to move away from the key support level that declines now to 52.05, as it begins to test the EMA50, waiting to surpass this barrier to reinforce the expectations of continuing the bullish trend in the upcoming period, which its first main target located at 55.27.

Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, reminding you that breaching the targeted level will extend the bullish wave towards 56.50, while breaking 52.05 will push the price to test the most important support to the short term trading at 51.10 before any new attempt to rise.

Expected trading range for today is between 52.05 support and 55.27 resistance.

Expected trend for today: Bullish