Corn price continues to rise to trade at the bullish channel’s support line, waiting for more rise to visit 570.40, which represents our next main target, noting that the EMA50 supports the positive overview, which will remain valid conditioned by the price stability above 535.00.
The expected trading range for today is between 550.00 support and 565.00 resistance.
The expected trend for today: Bullish
The NZDUSD pair hovers around 0.7315 since morning, and the price needs to get positive momentum that assists to push the price to resume the expected bullish trend for today, which depends on the price stability above 0.7265, reminding you that we are waiting to visit 0.7400 as a next main station.
The expected trading range for today is between 0.7265 support and 0.7400 resistance
The expected trend for today: Bullish
The AUDUSD pair shows some slight bearish bias now, to test 0.7900 barrier, but as long as the price is above 0.7820, our bullish overview will remain valid for today, supported by the EMA50 that carries the price from below, reminding you that our next main target reaches 0.8000.
The expected trading range for today is between 0.7860 support and 0.8000 resistance
The expected trend for today: Bullish
Brent oil price shows some slight bearish bias affected by stochastic negativity, and as long as the price is above 64.60, our bullish overview will remain valid for today, as breaking this level will put the price under additional negative pressure that targets testing 62.60 areas before any new attempt to rise, reminding you that the next target of the expected bullish wave reaches 67.45.
The expected trading range for today is between 65.00 support and 68.00 resistance.
The expected trend for today: Bullish