The NZDUSD pair trades at the bullish channel’s support line and keeps its consolidation above it, getting continuous support by the EMA50, to keep the bullish trend active, waiting to breach 0.6510 to confirm rallying towards 0.6600 as a next target.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6470 and holding below it.

The expected trading range for today is between 0.6450 support and 0.6570 resistance

The expected trend for today: Bullish

The AUDUSD pair shows sideways trades and settles around 0.9100 level, waiting to gather enough positive momentum to push the price to resume the bullish wave that its next target located at 0.7200.

Therefore, we will keep our bullish overview that gets continuous support by the EMA50 unless breaking 0.7060 and holding below it.

The expected trading range for today is between 0.7060 support and 0.7170 resistance

The expected trend for today: Bullish

Brent oil price bounced downwards strongly after testing 88.20 level in the previous sessions, to reach near 85.10 areas, moving within sideways range that its lines represented by the mentioned levels, and we suggest witnessing more sideways bias until the price manages to breach one of these levels to detect its next destination clearly.

Note that the facing additional negative pressure and breaking 85.10 support line will push the price to achieve more negative targets and head towards 83.60 followed by 81.35 levels, while breaching 88.20 resistance will push the price to achieve additional bullish correction that its next main target reaches 91.25.

The expected trading range for today is between 84.50 support and 88.00 resistance.

The expected trend for today: Sideways

Crude oil price provided strong negative trades on last Friday to test the sideways range’s support line at 78.95, and still confined between this range’s lines represented by the mentioned support and 81.60 resistance, to continue suggesting the sideways move until the price confirms surpassing one of these levels.

We remind you that breaking the mentioned support will push the price to suffer additional losses and target 77.20 followed by 75.65 areas, while breaching the resistance represents the key to resume the correctional bullish wave that its next main target located at 84.25.

The expected trading range for today is between 77.60 support and 81.20 resistance.

The expected trend for today: Sideways