Revolve Group’s stock price (RVLV) gained ground in the intraday levels after leaning on the support of the 50-day SMA, after seeking a bottom to bounce it higher anew, and amid the dominance of the main upward trend in the medium as it trades alongside the secondary short-term trend line, with positive signals from the RSI after reaching oversold levels. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of $39.00, provided the support of $31.20 holds on.

Trend forecast for today: Bullish

The NZDUSD price provides new positive trades to move above the EMA50, while the overall negative scenario still valid as long as the price is below 0.5665$ and the most important below 0.5700$, waiting to get negative motive that assist to push the price to resume the bearish trend that its next main target located at 0.5550$.

The expected trading range for today is between 0.5560$ support and 0.5660$ resistance

Trend forecast: Bearish

The AUDUSD price shows additional positive trades to attack 0.6245$ and attempt to hold above it, to head towards achieving more expected gains for the rest of the day and target the bearish channel’s resistance line around 0.6320$.

Therefore, the bullish bias will be suggested for the upcoming sessions unless breaking 0.6230$ and holding below it.

The expected trading range for today is between 0.6200$ support and 0.6275$ resistance

Trend forecast: Bullish for the rest of the day

Brent oil price faces additional negative pressure to attempt to move away from 76.84$ level, which urges caution from the upcoming trading, as continuing the decline and breaking 76.05$ will stop the morning suggested positive scenario and push the price to visit 75.36$ as a next negative station.

The price needs to get positive momentum that assist to rally upwards to breach 76.84$ and open the way to visit 78.00$ followed by 78.65$ as main targets of the expected bullish wave.

The expected trading range for today is between 75.20$ support and 78.20$ resistance.

Trend forecast: Bullish