The sideways range dominates the NZDUSD pair’s trades, and as long as the price is above 0.5958 and 0.5905 levels, our bullish overview will remain valid for today, supported by moving above the EMA50, reminding you that our targets begin by breaching 0.6073 to confirm rallying towards 0.6216 as a next station.

The expected trading range for today is between 0.5940 support and 0.6130

The expected trend for today: Bullish

The AUDUSD pair shows sideways trading since morning and keeps its stability above the first key support 0.6097, which keeps the bullish trend scenario valid as it is for today, organized inside the bullish channel that has positive targets that surpass 0.6236 barrier to reach 0.6407, reminding you that the continuation of the expected rise requires holding above 0.6097 and the most important above 0.5958.

The expected trading range for today is between 0.6060 support and 0.6236

The expected trend for today: Bullish

Brent oil price shows some slight bullish bias to approach testing the key resistance 27.10 and keeps its stability below it, to keep the bearish trend scenario active for today, supported by the negative pressure formed by the EMA50, organized inside the main bearish channel that appears on the chart, reminding you that our waited targets begin at 25.84 and extend to 24.70, while achieving them requires holding below 27.10.

The expected trading range for today is between 24.70 support and 28.30 resistance.

The expected trend for today: Bearish

Crude oil price shows sideways and tight trades since morning, settling around 22.00, thus, no change to the bearish trend scenario that depends on the price stability below 22.80 and 23.70 levels, waiting to test 20.00 level mainly, noting that the EMA50 continues to support the suggested bearish wave.

The expected trading range for today is between 20.00 support and 23.70 resistance.

The expected trend for today: Bearish