The NZDUSD pair provided slight positive trades but it’s still below 0.6426 level, noticing that stochastic begins to provide negative signals now, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its targets begin by testing 0.6340 level.

Therefore, we will keep our bearish overview unless the price rallied to breach 0.6426 and hold above it.

The expected trading range for today is between 0.6340 support and 0.6440

The expected trend for today: Bearish

The AUDUSD pair settles below the EMA50, to keep the negative pressure valid for the upcoming period, waiting to head towards 0.6725 followed by 0.6670 levels that represents our main negative targets.

On the other hand, we should note that breaching 0.6840 might push the price to start recovery attempts that target 0.6925 areas and might extend to 0.7015 before any new attempt to decline.

The expected trading range for today is between 0.6750 support and 0.6840

The expected trend for today: Bearish

Brent oil price provided clear positive trades on last Friday to breach 62.50 level and settles above it, which stops the recently suggested negative scenario and lead the price to achieve more expected gains in the upcoming sessions, expecting to head towards 65.40 areas on the near term basis.

Therefore, the bullish trend will be expected for today, noting that it is important to hold above 62.50 to continue the expected rise.

The expected trading range for today is between 61.70 support and 64.40 resistance.

The expected trend for today: Bullish

Crude oil price traded with clear positivity in the recent sessions to breach 57.40 and close the daily candlestick above it, which opens the way to continue rising inside the bullish channel that appears on the chart, on its way to achieve positive targets that begin at 59.00 followed by 60.90.

Therefore, the bullish trend will be expected for today, noting that breaking 57.40 and holding below it again will put the price under negative pressure that its targets begin by testing 55.75.

The expected trading range for today is between 57.00 support and 59.50 resistance.

The expected trend for today: Bullish