Netflix's stock fell 1.31% in the last session, or 4.77 points, while settling above the support of 349.87, representing the ratio 61.8% of Fibonacci retracement levels for a descending wave in the short term (from 423.21 to 231.23), while gathering momentum to help it rise anew, amid positive support from the 50-day SMA.
Therefore we expect the stock to return higher, as long as the support of 349.87 holds on, targeting the next resistance at 377.90, representing the ratio 76.4% of the same retracement levels.
Expected trend for today: Bullish
The NZDUSD pair begins to rebound bullishly and move away gradually from 0.6795 level, to continue suggesting the bullish trend in the upcoming sessions, which gets positive support by stochastic, waiting to visit 0.6910 level initially, reminding you that the continuation of the expected rise conditioned holding above 0.6795.
The expected trading range for today is betwenen 0.6770 support and 0.6900
The expected trend for today: Bullish
The AUDUSD pair continues to fluctuate around the intraday bullish channel’s support line, and as long as the price is above 0.7090, our positive overview will remain valid for today, waiting to get enough positive motive to push the price towards our main waited target at 0.7250.
The expected trading range for today is between 0.7045 support and 0.7170
The expected trend for today: Bullish
Brent oil price shows slight positive attempts to move away gradually from the bullish channel’s support line, to keep the bullish trend active on the intraday and short term basis, supported by the EMA50 that keeps carrying the price from below, waiting to target 68.00 followed by 72.65 levels as next main stations, while holding above 65.55 represents key condition to continue the expected rise.
The expected trading range for today is between 65.00 support and 68.50 resistance.
The expected trend for today: Bullish