The NZDUSD price shows bullish bias now to test 0.5665$ and hints heading to recover in the upcoming sessions, on its way to test the bearish channel’s resistance line around 0.5745$.

Therefore, we expect to witness more rise on the intraday basis, and breaching 0.5700$ will reinforce the positive overview, while breaking 0.5615$ represents the key to resume the main bearish trend within the bearish channel that appears on the chart.

The expected trading range for today is between 0.5610$ support and 0.5710$ resistance

Trend forecast: Bullish

The AUDUSD price provides positive trades by today’s open to surpass the intraday bearish trend line and head towards achieving some expected bullish correction in the upcoming sessions, targeting 0.6350$ mainly.

Therefore, the bullish bias will be suggested for today, and breaching 0.6280$ will ease the mission to achieve the expected target, while breaking 0.6205$ will stop the expected rise and push the price to decline again.

The expected trading range for today is between 0.6200$ support and 0.6290$ resistance

Trend forecast: Bullish

Brent oil price surpassed 73.90$ level by today’s open and closed the last four hours’ candlestick above it, to start building bullish wave on the intraday basis, its targets begin by testing 75.36$ level, noting that breaching this level will extend the bullish wave to reach 76.84$.

Therefore, the bullish trend will be expected for today unless breaking 73.9$ and holding below it again.

The expected trading range for today is between 73.00$ support and 75.80$ resistance.

Trend forecast: Bullish

Crude oil price opened today with clear positivity to breach 70.58$ and attempt to hold above it, to start activating the bullish wave on the intraday basis and head towards achieving positive targets that start by visiting 72.15$ areas.

Therefore, the bullish bias will be suggested for the upcoming sessions, noting that failing to consolidate above 70.58$ will stop the expected rise and put the price within the sideways track again.

The expected trading range for today is between 69.40$ support and 72.40$ resistance

Trend forecast: Bullish