The NZDUSD pair begins pressing on 0.6340 level, waiting to confirm breaking this level to open the way to continue the bearish wave that we expect to reach 0.6285 followed by 0.6205 levels mainly.
Therefore, the bearish trend will remain dominant conditioned by the price stability below 0.6426.
The expected trading range for today is between 0.6285 support and 0.6400
The expected trend for today: Bearish
The AUDUSD pair shows slight bearish bias to move away gradually from 0.6895 level, to support the continuation of our bearish overview in the upcoming period, which targets 0.6825 followed by 0.6755 levels as next main stations, reminding you that it is important to hold below 0.6895 to continue the expected decline.
The expected trading range for today is between 0.6800 support and 0.6930
The expected trend for today: Bearish
Brent oil price managed to break 61.30 level and settles below it now, which supports the continuation of our bearish overview efficiently in the upcoming sessions, opening the way to visit 59.60 level that represents our next main target, reminding you that the continuation of the expected bearish trend depends on the price stability below 62.50.
The expected trading range for today is between 59.60 support and 62.50 resistance.
The expected trend for today: Bearish
Crude oil price traded with clear negativity to start pressing on the EMA50, reinforcing the expectations of continuing the bearish trend for the rest of the day, as the price approaches our first waited target at 56.00, waiting for more decline to visit 54.60 level as a next main station, reminding you that the continuation of the expected decline conditions holding below 57.40.
The expected trading range for today is between 54.60 support and 58.00 resistance.
The expected trend for today: Bearish