Corn price settles around 357.00 level since morning, waiting to get enough positive momentum to push the price to resume the expected bullish trend for the upcoming period, organized inside the bullish channel that appears on the chart, reminding you that our next target is located at 362.40, while holding above 352.00 represents key condition to continue the suggested rise.
The expected trading range for today is between 355.00 support and 365.00 resistance.
The expected trend for today: Bullish
The NZDUSD pair resumes its positive trading to reach the thresholds of the waited target at 0.6715, we expect the continuation of the rise to surpass this level and head towards 0.6800 that represents our next target.
In general, we will keep our bullish overview that gets good positive support by the EMA50 and stochastic, reminding you that it is important to hold above 0.6585 to achieve the suggested targets.
The expected trading range for today is between 0.6600 support and 0.6740
The expected trend for today: Bullish
The AUDUSD pair rallied upward strongly to surpass our first waited target at 0.7300 and confirms opening the way to extend the bullish wave to target 0.7400 that represents our next station, to continue suggesting the bullish trend in the upcoming sessions, which gets continuous support by the EMA50, reminding you that the continuation of the bullish wave requires holding above 0.7243 and 0.7170 levels.
The expected trading range for today is between 0.7240 support and 0.7360
The expected trend for today: Bullish
The tight range dominates Brent oil price trades since morning, waiting to activate the positive effect of stochastic to rally towards achieving new gains that start at 47.60 followed by 49.00.
In general, the bullish trend scenario will remain valid and active in the upcoming sessions unless we witnessed clear break and hold below 44.45.
The expected trading range for today is between 44.60 support and 47.50 resistance.
The expected trend for today: Bullish