Wheat price faces negative pressure to move below 717.00, which urges caution from the upcoming trading, as breaking this level will stop the morning suggested positive scenario and press on the price to return to the correctional bearish track again, while the price needs to consolidate above the mentioned level to resume the bullish trend that its next target located at 741.90.
The expected trading range for today is between 710.00 support and 735.00 resistance.
The expected trend for today: Bullish
The NZDUSD pair trades negatively to start testing 0.7030 level, reinforcing the expectations of continuing the domination of the bearish correction, reminding you that we are waiting to visit 0.6945 mainly, noting that holding below 0.7084 is important to continue the expected bearish wave.
The expected trading range for today is between 0.7000 support and 0.7100 resistance
The expected trend for today: Bearish
The AUDUSD pair resumes its negative trading clearly to support the continuation of the expected bearish trend for today, supported by stochastic negativity, waiting to attack 0.7225 to break it and rally towards 0.7100 that represents our next main target, reminding you that it is important to hold below 0.7375 to continue the expected decline.
The expected trading range for today is between 0.7225 support and 0.7350 resistance
The expected trend for today: Overall bearish
Brent oil price settles near 77.80 level, getting continuous support by the EMA50, waiting to breach the mentioned level to confirm rallying towards 79.50 that represents our next main target, noting that the continuation of the bullish wave requires holding above 75.55 and the most important above 74.70.
The expected trading range for today is between 76.00 support and 79.00 resistance.
The expected trend for today: Bullish