Amazon's stock fell after the resistance of 1844.88 held on, amid negative pressure from the 50-day SMA, while hurt by exiting an ascending price channel recently, with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the stock, as long as the resistance of 1844.88 holds on, targeting the support of 1747.20.
Expected trend for today: Bearish
The NZDUSD pair keeps fluctuating in sideways track, as long as the price is above 0.6390, so our bullish trend expectations will remain valid for today, supported by stochastic reach to the oversold level, pointing that our main waited target is located at 0.6470.
The expected trading range for today is between 0.6390 support and 0.6490
The expected trend for today: Bullish
The AUDUSD pair keeps its stability above 0.6830, keeping the bullish trend scenario active for today, supported by the EMA50, reminding you that our main waited target at 0.6900.
The expected trading range for today is between 0.6830 support and 0.6900
The expected trend for today: Bullish
Brent oil price shows sideways and tight trading range since morning, settles near 62.00 barrier therefore, there is no change on our bullish trend expectations that depend on the stability above 61.40, getting a good positive support from the EMA50, reminding you that our main targets begin at 62.92 and extend to 64.00 after breaching the previous level.
The expected trading range for today is between 61.40 support and 64.00 resistance.
The expected trend for today: Bullish