The NZDUSD pair shows more bullish bias to reach our first waited target at 0.6510, and we suggest surpassing this level to achieve additional gains that reach 0.6600, organized inside the bullish channel that appears on the chart.

Therefore, we expect to witness more rise on the intraday and short term basis, supported by the EMA50, noting that it is important to hold above 0.6420 to continue the expected bullish trend.

The expected trading range for today is between 0.6450 support and 0.6570 resistance

The expected trend for today: Bullish

The AUDUSD pair continues to provide the positive trades to approach our extended target at 0.7060, and we suggest the continuation of the bullish bias to visit 0.7135 followed by 0.7200 levels as next positive stations.

Therefore, the bullish trend scenario will remain active for the upcoming period, noting that breaking 0.7000 might press on the price to achieve temporary bearish correction and test 0.6935 areas initially before any new attempt to rise.

The expected trading range for today is between 0.6975 support and 0.7100 resistance

The expected trend for today: Bullish

Brent oil price continued to rise to breach 88.20 level and close yesterday above it, reinforcing the expectations of achieving more gains in the upcoming period, as it moves inside bullish channel  that has positive targets that start at 90.35 and extend to 91.25.

Holding above 88.20 is important to continue the expected bullish trend, as failing to consolidate above it will put the price under negative pressure that targets testing 86.25 areas initially before any new attempt to rise.

The expected trading range for today is between 87.00 support and 90.00 resistance.

The expected trend for today: Bullish

Crude oil price managed to beach 81.60 level and closed the daily candlestick above it, to support the continuation of the expected bullish trend on the intraday and short term basis, opening the way to head towards our new targets that start at 82.70 and extend to 84.25.

Therefore, the bullish trend will remain suggested in the upcoming sessions, organized inside the bullish channel that appears on the chart, noting that breaking 80.20 will stop the expected rise and press on the price to turn to decline.

The expected trading range for today is between 80.20 support and 83.20 resistance.

The expected trend for today: Bullish