The NZDUSD pair continues to provide the positive trades and attempts to crawl towards our waited target at 0.7400, to keep the bullish trend scenario active for today, which depends on the price stability above 0.7315, reminding you that surpassing the mentioned target will extend the bullish wave to reach 0.7560 as a next main station.
The expected trading range for today is between 0.7315 support and 0.7430 resistance
The expected trend for today: Bullish
The AUDUSD pair returns to fluctuate near 0.7900 barrier, and as long as the price is above 0.7875, our bullish overview will remain valid for today, which gets continuous support by the EMA50, reminding you that our next target is located at 0.8000.
The expected trading range for today is between 0.7875 support and 0.8000 resistance
The expected trend for today: Bullish
Brent oil price resumes its positive trading to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend for the rest of the day, and the way is open to head towards 67.45 that represents our next main target, noting that stochastic and the EMA50 support the expected rise, which will remain valid unless breaking 65.00 and holding below it.
The expected trading range for today is between 64.00 support and 67.00 resistance.
The expected trend for today: Bullish
Crude oil price trades with clear positivity to reach the key resistance 62.30, and as we mentioned this morning, breaching this level will ease the mission of continuing the main bullish trend, which its next target located at 65.60, which makes us keeps our positive overview conditioned by the price stability above 60.30, noting that stochastic and the EMA50 provide positive signals that support the suggested rise.
The expected trading range for today is between 60.00 support and 63.00 resistance.
The expected trend for today: Bullish