3M's stock rose 0.25% in the last session after leaning on the support of the 50-day SMA, lending it positive momentum, and settling eventually at 179.42, while still buoyed by piercing the downward correctional line previously.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 186.00, provided the resistance of 179.50 was breached.
Expected trend for today: Bullish
The NZDUSD pair trades with clear positivity to reach the thresholds of the first waited target at 0.6895, reinforcing the expectations of continuing the domination of the bullish correction in the upcoming sessions, which its targets extend to 0.6960 after surpassing the previous level, reminding you that achieving the suggested targets requires holding above 0.6820.
The expected trading range for today is between 0.6820 support and 0.6920 resistance
The expected trend for today: Bullish
The AUDUSD pair resumes the bullish rally to approach our waited target at 0.7340, and we expect surpassing this level to open the way to visit 0.7420 as a next positive target.
Therefore, the bullish trend will remain valid and active for the upcoming period unless breaking 0.7275 and holding below it.
The expected trading range for today is between 0.7240 support and 0.7340 resistance
The expected trend for today: Bullish
Brent oil price shows new positive trades in attempt to resume the main bullish trend, leaning on the bullish channel’s support line, to keep our positive overview that depends on the price stability above 83.40, noting that our next main target is located at 85.80.
The expected trading range for today is between 83.00 support and 85.70 resistance.
The expected trend for today: Bullish