The NZDUSD pair shows slight bearish bias now, as long as the price is above 0.6390,so our bullish trend expectations will remain valid for today, supported by the EMA50, remdining you that our next main target at 0.6470.
The expected trading range for today is between 0.6390 support and 0.6490
The expected trend for today: Bullish
The AUDUSD pair made attempts to breach the bearish channel’s resistance, and the price needs to get a daily close above 0.6885 to confirm the continuation of the bullish trend then head towards as a next positive station.
Until now, our neutral attitude will remain valid until confirming breaching the mentioned resistance or breaking the support at 0.6830 to detect ist next trend clearly.
The expected trading range for today is between 0.6830 support and 0.6920
The expected trend for today: Neutral
Brent oil price shows new negative tardin trading to attack 59.93 level and moves below it now, providing signals for the price head towards suffering more of the losses and turn to the downside, in its way towards achieving negative targets reaching to 56.23.
Now, we prefer staying aside until confirming the daily candlestick’s close that its next target at 62.92.
The expected trading range for today is between 59.50 support and 62.92 resistance.
The expected trend for today: Neutral
Crude oil price resumes its negative trading to move away from the EAM50, reinforcing the expectations of the bearish trend continuation for the rest of the day, and its next main target at
54.47, pointing that breaking this level will extend the bearish wave to reach 51.61 on the near term basis, while the expected decline will remain valid unless breaching 57.33 and holding above it.
The expected trading range for today is between 54.00 support and 58.00 resistance.
The expected trend for today: Bearish