The NZDUSD price shows more bearish bias to move away from 0.6000$ level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, and the way is open to achieve our next target at 0.5915$, taking into consideration that breaching 0.6000$ will stop the current negative pressure and lead the price to turn to rise.
The expected trading range for today is between 0.5910$ support and 0.6010$ resistance
Trend forecast: Bearish
The AUDUSD price achieved initial break to 0.6640$ level and closed the last four hours’ candlestick below it, which supports the continuation of the expected bearish trend for today, opening the way to head towards 0.6570$ as a next main target, noting that holding below 0.6640$ is important to guarantee the continuation of the suggested bearish wave.
The expected trading range for today is between 0.6580$ support and 0.6680$ resistance
Trend forecast: Bearish
Brent oil price continues to fluctuate at the key resistance 82.74$, while stochastic keeps losing the positive momentum, waiting to motivate the price to resume the expected bearish wave for today, which targets 81.38$ mainly, reminding you that the continuation of the bearish wave depends on the price stability below 82.74$ as a first condition.
The expected trading range for today is between 82.00$ support and 83.85$ resistance.
Trend forecast: Bearish
Crude oil price attempts to provide additional positive trades, and as long as the price is below 80.08$, our bearish overview will remain valid for today, waiting to surpass 78.66$ to reinforce the chances of rallying towards our next main target at 77.24$, noting that the EMA50 continues to support the suggested bearish wave.
The expected trading range for today is between 77.50$ support and 80.50$ resistance
Trend forecast: Bearish