The NZDUSD pair shows some slight bullish bias after touching 0.5842 level, noticing that stochastic begins to lose the positive momentum, while the EMA50 forms negative pressure against the price.

Therefore, we believe that the chances valid to continue the bearish trend in the upcoming sessions, and the price needs to break 0.5842 to confirm extending the bearish wave towards 0.5700, reminding you that it is important to hold below 0.5958 to continue the expected decline.

The expected trading range for today is between 0.5750 support and 0.5960

The expected trend for today: Bearish

The AUDUSD pair continues to crawl negatively to keep approaching our first target 0.5958, and continues to move inside the bearish channel that appears on the chart, which supports the chances of breaking the mentioned level and open the way to visit 0.5787 as a next station.

Therefore, the bearish trend will remain suggested on the intraday and short term basis, noting that breaching 0.6097 will lead the price to achieve more bullish correction and visit 0.6236 initially.

The expected trading range for today is between 0.5900 support and 0.6100

The expected trend for today: Bearish

Brent oil price started today with big bearish gap as appears on the chart, but we notice that the price touched the intraday bullish channel’s support line and bounced upwards strongly from there, to resume the recently suggested bullish scenario, approaching to cover the mentioned gap, noting that we expect witnessing more rise today, on its way to visit 36.00 level that represents our next main station.

Therefore, the bullish trend scenario will remain valid and active in the upcoming sessions supported by the EMA50, noting that it is important to hold above 31.60 to continue the expected rise.

The expected trading range for today is between 32.00 support and 36.00 resistance.

The expected trend for today: Bullish

Crude oil price opened today with strong bearish gap that put the price at 38.2% Fibonacci correction level for the rise measured from 19.90 to 29.11, which meets the intraday bullish channel’s support line that appears on the chart, to resume its positive trading strongly and surpasses 27.00$ barrier on its way to achieve more gains in the upcoming sessions.

Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, reminding you that our next target reaches 30.00, while breaking 25.60 represents negative factor that will press on the price to achieve more bearish correction that its next target reaches 24.50.

The expected trading range for today is between 26.00 support and 30.00 resistance.

The expected trend for today: Bullish