Coinbase's stock (COIN) fell in the intraday levels after Bank of America cut its stock rating from buy to neutral, noting the FTX crisis and its possible implications for other crypto platforms, with the stock tumbling 7.24% in the last session, or 3.53 points, settling at 45.26, with trading volumes surpassing 20.2 million shares, below 10-day averages of 27.2 million shares.

Technically, the stock suffers negative pressure from the 50-day SMA, amid the dominance of the main downward trend in the medium term, with negative signals from the RSI.

Therefore we expect more losses for the stock, targeting the pivotal support of 40.83, provided the resistance of 64.10 holds on.

Expected trend for today: Bearish

The NZDUSD pair presses on 0.6100 and attempts to break it, to keep the bearish trend scenario valid for today, waiting to confirm the break to open the way to rally towards 0.5990 as a next negative target, reminding you that the continuation of the bearish wave depends on the price stability below 0.6185.

The expected trading range for today is between 0.6080 support and 0.6185 resistance

The expected trend for today: Bearish

The AUDUSD pair broke 0.6650 level clearly to confirm the completion of the double top pattern and gets negative motive that reinforces the expectations to decline, waiting for more bearish bias to visit 0.6540 that represents our next main target, to continue suggesting the bearish trend in the upcoming sessions conditioned by the price stability below 0.6650.

The expected trading range for today is between 0.6585 support and 0.6710 resistance

The expected trend for today: Bearish

The tight range dominates brent oil price trades since morning, thus, no change to the bearish trend that gets continuous support by the EMA50, depending on the price stability below 89.35, noting that our next target extends to 83.57.

The expected trading range for today is between 85.00 support and 88.50 resistance.

The expected trend for today: Bearish