The NZDUSD pair trades with clear negativity now to break 0.7145 and attempts to hold below it, which urges caution from the upcoming trading, as confirming the break will force the price to achieve additional decline that its targets begin by testing 0.7100, while the price needs to consolidate above 0.7145 to resume the bullish trend that its first target located at 0.7217.
The expected trading range for today is between 0.7120 support and 0.7220 resistance
The expected trend for today: Bullish
The AUDUSD pair faces negative pressure now to attack the intraday bullish trend line, while the EMA50 continues to support the price from below, to keep our bullish overview that depends on the price stability above 0.7455, reminding you that our main waited targets begin at 0.7545 and extend to 0.7615.
The expected trading range for today is between 0.7470 support and 0.7570 resistance
The expected trend for today: Bullish
Brent oil price tested the key support 84.40 and keeps its stability above it until now, to keep the bullish trend scenario valid and active until now, which depends on the price stability above the mentioned level, supported by the EMA50, waiting to resume the positive trades that target 88.00 as a next main station.
The expected trading range for today is between 84.00 support and 87.00 resistance.
The expected trend for today: Bullish
Crude oil price faces negative pressure to approach the key support 82.85, which urges caution from the upcoming trading, especially that we are witnessing the formation of potential negative pattern that its confirmation line located at the mentioned support, which means that breaking this line will push the price to head towards 81.30 direct.
Until now, the positive scenario still valid unless breaking 82.85 and holding below it, noting that our initial targets are located at 85.40 – 85.85.
The expected trading range for today is between 82.50 support and 85.00 resistance.
The expected trend for today: Bullish