The NZDUSD pair tested the key resistance 0.5958 and still below it until now, accompanied by stochastic loss to the positive momentum gradually, which keeps the expected bearish trend active for today, which its next main target located at 0.5842, taking into consideration that breaching 0.5958 will push the price back to the correctional bullish track.
The expected trading range for today is between 0.5840 support and 0.6000
The expected trend for today: Bearish
The AUDUSD pair hovers around 0.6097 level now, affected by stochastic positivity, and as long as the price is below this level, our bearish overview will remain valid for today, which targets 0.5787 level as a next station, noting that breaching 0.6097 will push the price to visit 0.6236 direct.
The expected trading range for today is between 0.5960 support and 0.6160
The expected trend for today: Bearish
Brent oil price attempted to breach 27.60 level this morning but it returns to decline after consolidating below it, which keeps the bearish trend scenario valid and active for today, supported by the negative signal provided by stochastic, waiting to head towards 24.60 followed by 22.40 levels as next main stations, reminding you that breaking 25.75 will ease the mission of achieving the suggested targets.
The expected trading range for today is between 24.00 support and 27.60 resistance.
The expected trend for today: Bearish
Crude oil price provided clear positive trades this morning to breach 21.85 level and attempts to hold above it, which urges caution from the upcoming trading, as closing the daily candlestick above this level will lead the price to turn to rise and achieve additional gains that reach 24.30.
Until now, the bearish trend scenario will remain valid unless we witnessed daily close above 21.85, reminding you that our expected targets located at 20.00 followed by 19.00.
The expected trading range for today is between 19.00 support and 22.50 resistance.
The expected trend for today: Bearish