Pfizer's stock (PFE) returned lower with a 0.68% loss in the last session while hurt by piercing the main upward trend line recently, with negative pressure from the 50-day SMA, while carrying on the downward short-term correctional path.
Therefore we expect more losses for the stock, targeting the first support at 40.00, provided it holds below 43.00.
Expected trend for today: Bearish
Baidu's stock rose 3.54% in the last session, managing to shake off negative pressure from the 50-day SMA, with positive signals from the RSI while hurt by piercing the downward trend line recently.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 176.00, provided it holds above 152.00.
Expected trend for today: Bullish
The AUDUSD pair managed to breach 0.7325 level and attempts to build support base above it, which supports the continuation of our bullish overview for the rest of the day, and the way is open to visit 0.7360 level as a next target, reminding you that it is important to hold above 0.7290 to continue the expected rise.
The expected trading range for today is between 0.7280 support and 0.7370 resistance
The expected trend for today: Bullish
Brent oil price keeps rising to reach the thresholds of the waited target at 84.00, and we need to monitor the upcoming trades, as the continuation of the rise and surpassing this level will push the price to 86.45 as a next main target.
In general, we expect the continuation of the bullish trend domination for the rest of the day unless breaking 82.05 and holding below it.
The expected trading range for today is between 82.00 support and 85.00 resistance.
The expected trend for today: Bullish