Crude oil price bounced downwards strongly to break 70.50 and head towards resuming the main bearish trend, opening the way to achieve more decline that its next main target reaches 67.04, making the bearish bias suggested in the upcoming sessions unless the price breached 70.50 and hold above it again.

The NZDUSD pair achieve initial breach to 0.6140 level and closed the last four hours’ candlestick above it, to head towards achieving expected gains in the upcoming sessions, targeting 0.6220 followed by 0.6290 levels mainly.

The expected trading range for today is between 0.6095 support and 0.6200 resistance

The expected trend for today: Neutral

The AUDUSD pair settles above the EMA55, to keep the bullish trend scenario active for today, which targets 0.6660 areas mainly, reminding you that the continuation of the bullish wave conditions holding above 0.6545.

The expected trading range for today is between 0.6540 support and 0.6640 resistance

The expected trend for today: Bullish

Brent oil price trades negatively now to test the intraday bullish channel’s support line that appears on the chart, waiting to rebound bullishly to resume the expected bullish trend for today, which targets 77.44 level mainly, noting that breaking 75.45 will stop the positive scenario and push the price to turn to decline.

The expected trading range for today is between 75.30 support and 78.00 resistance.

The expected trend for today: Bullish