The NZDUSD pair managed to reach our first waited target at 0.7380 and broke this level strongly to attack the bullish channel's support line that appears on chart, which supports the continuation of our bearish overview efficiently for the upcoming sessions, waiting to test 0.7338 level as a next main station, noting that breaking this level will push the price towards 0.7285 direct.

Note that breaching 0.7484 will stop the current negative pressure and lead the price to regain the main bullish trend again.

Expected trading range for today is between 0.7338 support and 0.7484

Expected trend for today: Bearish

The AUDUSD pair continues its negative trading organized inside minor bearish channel that appears on chart, and the price falls under continuous negative pressure provided by the EMA50, thus, our bearish overview will remain active for today, reminding you that our main waited target is located at 0.7830, noting that holding below 0.8005 represents the most important condition to continue the expected decline for today.

Expected trading range for today is between 0.7830 support and 0.8005

Expected trend for today: Bearish

Brent oil price trades with clear negativity since morning to break 52.22 and settles below it, noticing that the price stops now at an intraday bullish trend line met by the EMA50 to add more strength to it, waiting to push the price to return to rise again.

The price needs to step above 52.22 level again to regain its main bullish track that its next target located at 53.50, while breaking 51.50 represents negative factor that will confirm the continuation of the bearish bias for the rest of the day to test 50.72 before any new attempt to rise.

Expected trading range for today is between 50.72 support and 54.65 resistance.

Expected trend for today: Bullish

Crude oil price bounced bearishly to approach from testing the bullish pennant suprot line that appears on chart, as the price was affected by stochastic negativity, while the EMA50 keeps protecting the price from suffering more losses.

Until now, the bullish trend scenario still valid for today unless breaking 48.37 level and holding below it, awiting to breach 49.65 level to activate the positive effect of the above mentioned pattern followed by rallying towards our waited targets that begin at 50.70 and extend to 52.50.

Expected trading range for today is between 48.37 support and 51.50 resistance.

Expected trend for today: Bullish