The NZDUSD price ended yesterday above 0.5738$ level after confirming the completion of the bullish pennant pattern, to get positive motive that we are waiting to push the price to achieve more gains in the upcoming sessions, reminding you that our next target is located at 0.5860$.
The AUDUSD price continues to rise to gradually approach our waited target at 0.6440$, which represents 38.2% Fibonacci correction level for the decline measured from 0.6942$ to 0.6130$, which means that breaching it will push the price to visit 0.6536$ as a next correctional station.
Brent oil price rose again to test the key resistance 77.00$, noticing that the price consolidated well below this level, to start providing negative trades by today’s open, motivated by stochastic current negativity.
Crude oil price continued to rise yesterday to reach 72.65$ areas, noting that holding above 72.30$ supports the chances of continuing the rise in the upcoming sessions, by when we take a deeper look at the chart, we find that the recent trades are confined within rising wedge pattern that its support line meets 72.30$, which means that breaking this level will push the price to return to the bearish track again.