The NZDUSD pair continues to rise gradually, on its way to visit 0.6788 level that represents our next main target, to keep our bullish overview in the upcoming sessions conditioned by the price stability above 0.6620, noting that the price completed forming double bottom pattern that motivates the price to achieve more expected rise on the intraday and short term basis.

The expected trading range for today is between 0.6680 support and 0.6800

The expected trend for today: Bullish

The AUDUSD pair shows calm positive trades to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend for the rest of the day, supported by the EMA50, which targets 0.7413 level as a next main station, reminding you that it is important to hold above 0.7260 to continue the expected rise.

The expected trading range for today is between 0.7280 support and 0.7380

The expected trend for today: Bullish

Brent oil price resumes its positive trading to approach our first waited target at 42.17, noting that the price completed forming the double bottom pattern, to support the chances of surpassing the mentioned level and extend the bullish wave towards 43.00 as a next target.

Therefore, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the price stability above 41.14.

The expected trading range for today is between 40.00 support and 43.00 resistance.

The expected trend for today: Bullish

Crude oil price shows more rise to surpass 39.00 barrier and approaches our first waited positive target at 40.00, which supports the continuation of the expected bullish trend scenario for the upcoming period, noting that surpassing 40.00 followed 40.60 levels will extend the bullish wave to reach 41.85 on the near term basis, while the expected rise will remain valid conditioned by the price stability above 38.42 and 38.10.

The expected trading range for today is between 37.50 support and 40.60 resistance.

The expected trend for today: Bullish