The NZDUSD price faced additional negative pressure to test the EMA50 that forms key support at 0.5670$, noticing that the price rebounds bullishly from there to reach the thresholds of 0.5738$ level, waiting to breach this level to confirm the continuation of the bullish wave in the upcoming sessions.
The AUDUSD price fluctuates within sideways track since yesterday, keeping its stability above 0.6322$, and the EMA50 continues to provide the positive support to the price, while stochastic provides more positive signals.
Brent oil price ended yesterday above 75.66$ level, and surpassed the bearish channel’s resistance line that appears on the chart to head towards achieving more expected rise on the intraday basis, targeting testing 77.00$ mainly.
Crude oil price shows more bullish bias to trade around the EMA50, noticing that the price is forming positive pattern that might assist to continue the rise and breach the key resistance at 72.30$ to open the way to achieve more gains in the upcoming sessions, but we notice that the technical indicators provide negative signals that might push the price to decline again.
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