The NZDUSD pair keeps its stability below 0.6654 level, to keep the negative pressure valid for the upcoming period, organized inside the bearish channel that appears on the chart, supported by the EMA50, reminding you that our main waited targets begin at 0.6585 and extend to 0.6515.
The expected trading range for today is betwenen 0.6530 support and 0.6660
The expected trend for today: Bearish
The AUDUSD pair settles around 0.7044 level, and we still waiting the daily candlestick close according to this level to confirm the next destination clearly, which makes us continue with our neutrality until now.
To review the details of the expected targets after the breach, please check our morning issued report.
The expected trading range for today is between 0.6950 support and 0.7100
The expected trend for today: Neutral
Brent oil price did not show any strong move since morning, showing some slight positive attempts, supported by the oversold signals that appear through stochastic, waiting to achieve our main positive targets that we expect to start at 75.10 and extend to 79.50 on the near term basis, while holding above 72.65 represents key condition to continue the expected rise.
The expected trading range for today is between 73.00 support and 76.00 resistance.
The expected trend for today: Bullish
Crude oil price shows sideways and tight trading since morning, settling around 66.00 level, while stochastic reaches the thresholds of the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which gets continuous positive support by the EMA50.
Our main expected targets begin at 67.00 and extend to 70.55 after surpassing the previous level, while achieving them conditions holding above 64.90.
The expected trading range for today is between 64.90 support and 67.00 resistance.
The expected trend for today: Bullish