Nike's stock (NKE) rose 1.27% in the last session, while recouping some losses and venting off oversold saturation in the RSI, settling at 152.21, retesting the current resistance at 152.28, representing the ratio 50% of Fibonacci retracement levels for an ascending wave in the medium term (from 125.42 to 178.08), with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower, targeting the next support at at 145.92, representing the ratio 61.8%.

Expected trend for today: Bearish

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