The AUDUSD pair provides calm negative trades to move away gradually from the EMA50, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, reminding you that our main waited target is located at 0.6700, while holding below 0.6900 represents key condition to achieve it.

The expected trading range for today is between 0.6800 support and 0.6950

The expected trend for today: Bearish

The NZDUSD pair resumes its negative trading to move away from 0.6424, which supports the continuation of the correctional bearish trend scenario, which its next target located at 0.6328, supported by the negative pressure formed by the EMA50, noting that holding below 0.6450 is important to continue the suggested decline.

The expected trading range for today is between 0.6350 support and 0.6480

The expected trend for today: Bearish

Brent oil price shows some slight bearish bias to move around the EMA50, affected by stochastic negativity, and as we mentioned this morning, the price needs to surpass one of the key levels represented by 40.30 support and 41.76 resistance to detect its next destination clearly, which keeps our neutrality valid until now.

The contradiction between the EMA50 positivity and stochastic negativity provides another reason for neutrality, noting that the details of the expected targets after breaching the above mentioned levels are explained in our morning report.

The expected trading range for today is between 40.00 support and 43.38 resistance.

The expected trend for today: Neutral

Crude oil price shows weak trading since morning, and still stuck between the next trend keys represented by 37.70 support and 40.41 resistance, which makes us continue with our neutrality until the price confirms breaching one of these levels to detect its next targets clearly.

To review the expected targets after the breach, please check our morning report.

The expected trading range for today is between 38.00 support and 41.00 resistance.

The expected trend for today: Neutral