Crude oil price returns to fluctuate around the EMA50 after the negative trades that it witnessed today, and the bearish trend scenario still active depending on the price stability below 54.60, reminding you that we are waiting to visit 51.80 as a first main target.

The EURUSD pair shows negative trading after achieving our waited target at 1.1180, noticing that stochastic gets rid of its negativity to gain the positive momentum on the four hours’ time frame, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its targets extend to 1.1280 after surpassing the previous level, reminding you that it is important to hold above 1.1060 to continue the expected rise.

The NZDUSD pair keeps crawling to the upside to reach the waited initial target thresholds at 0.6426, as long as the price is above 0.6340, so our bullish tred expectations will remain active, supported by the EMA50, reminding you that our extended targets reach to 0.6495 after surpassing the initial target.

The expected trading range for today is between 0.6350 support and 0.6470

The expected trend for today: Bullish

The AUDUSD pair shows more of the bullish bias to approach from 0.6900 barrier, reinforcing the expectations of the bullish trend continuation for the rest of the day, and its next target at 0.7015, reminding you that the EMA50 supports the suggested bullish wave, and its continuation requires holding above 0.6800 level.

The expected trading range for today is between 0.6820 support and 0.6920

The expected trend for today: Bullish