The NZDUSD pair trades with clear positivity since yesterday, starting today with additional rise to approach 0.6990 level, which hints heading to turn to rise, especially with the formation of double bottom pattern that its signs appear on the chart, which will be completed by breaching the mentioned level.

Therefore, we expect to witness more rise in the upcoming sessions, which targets visiting 0.7080 areas mainly, noting that failing to achieve the required breach will press on the price to resume the bearish track again.

The expected trading range for today is between 0.6945 support and 0.7050 resistance

The expected trend for today: Bullish

The AUDUSD pair managed to breach 0.7360 level and hold above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, approaching our waited target at 0.7405, and the chances valid to surpass this level and head towards the recently recorded high at 0.7478.

Therefore, the bullish bias will remain expected on the intraday basis, noting that holding above 0.7360 represents the first condition to continue the expected bullish wave.

The expected trading range for today is between 0.7350 support and 0.7440 resistance

The expected trend for today: Bullish

Brent oil price decline stopped near 82.00$ barrier, and bounced upwards clearly to breach the minor bearish channel’s resistance that appears on the chart, which forms bullish flag pattern, considered as a positive motive that we expect to push the price to resume the main bullish trend, on its way to achieve positive targets that start at 84.20 followed by 85.15.

Therefore, the bullish trend will be expected for today, and consolidating above 83.15 represents the first condition to continue the suggested rise, as breaking it might press on the price to visit 81.85 areas again before determining the next destination clearly.

The expected trading range for today is between 82.00 support and 85.00 resistance.

The expected trend for today: Bullish

Crude oil price managed to achieve our first waited negative target at 79.40, and bounced bullishly from there to hint heading to regain the main bullish trend, as it completed forming bullish flag pattern that its signs appear on the chart, and it breaches this pattern’s resistance now to get positive motive that we expect to push the price to achieve more rise in the upcoming sessions.

Therefore, the bullish trend will be suggested in the upcoming sessions supported by the EMA50 that keeps carrying the price from below, noting that breaking 79.40 will stop the expected rise and press on the price to suffer additional losses.

The expected trading range for today is between 79.60 support and 82.50 resistance.

The expected trend for today: Bullish