The NZDUSD price rose clearly to test the key resistance 0.6000$, noticing that the price begins to decline now, which keeps the bearish trend scenario valid and active for the upcoming period, which depends on the price stability below the mentioned level, reminding you that our next main target reaches 0.5915$.

The expected trading range for today is between 0.5910$ support and 0.6010$ resistance

Trend forecast: Bearish

The AUDUSD price traded with clear positivity to test 0.6575$ level, noticing that stochastic loses the positive momentum to support the chances of resuming the expected bearish trend for the upcoming period, which targets 0.6500$ as a next station.

The bearish channel continues to support the suggested bearish wave, reminding you that it is important to hold below 0.6610$ - 0.6625$ levels to achieve the waited targets.

The expected trading range for today is between 0.6500$ support and 0.6600$ resistance

Trend forecast: Bearish

Brent oil price tested 72.06$ level and keeps its stability below it, as it forms solid resistance against the price, which keeps the bearish trend scenario valid and active for today, affected by the previously completed double top pattern, reminding you that our next main target reaches 70.00$.

The expected trading range for today is between 69.70$ support and 72.70$ resistance.

Trend forecast: Bearish

Crude oil price traded positively to test the key resistance 68.65$, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend valid and active for today, as breaching it will lead the price to turn to rise on the intraday basis, while the main targets of the expected bearish wave are located at 67.00$ and extend to 65.50$.

The expected trading range for today is between 66.00$ support and 69.00$ resistance

Trend forecast: Bearish