Bitcoin price presses negatively on the key support levels 6500.00 and 6480.00 but it returns to settle around the first level, noticing that stochastic shows oversold signals now, waiting to motivate the price to return to rise again, to keep the bullish trend scenario valid in the upcoming period, depending on the price stability inside the bullish channel that appears on the chart.
Expected trading range for today is between 6400.00 support and 7000.00 resistance
Expected trend for today: Bullish
The NZDUSD pair trades negatively now to move away from 0.6500 level, reinforcing the expectations of continuing the bearish trend for the rest of the day, motivated by stochastic negativity, waiting to test 0.6400 level initially, reminding you that it is important to hold below 0.6500 to continue the suggested decline.
Expected trading range for today is betwenen 0.6400 support and 0.6550
Expected trend for today: Bearish
The AUDUSD pair shows bearish bias now to test the key support 0.7087, which urges caution from the upcoming trading, as breaking this level will push the price back to the main bearish track and stops the morning suggested positive scenario, which targets testing 0.7230 level mainly.
Expected trading range for today is between 0.7050 support and 0.7200
Expected trend for today: Bullish
Brent oil price did not show any strong move since morning, to fluctuate around 84.70 level, while stochastic attempts to get rid of its negativity and gain the positive momentum on the four hours’ time frame.
Therefore, we will keep our bullish overview conditioned by the price stability above 84.25 and 83.65 levels, noting that our next target is located at 87.60.
Expected trading range for today is between 83.65 support and 87.00 resistance.
Expected trend for today: Bullish