Valvolene's stock (VVV) declined in the intraday levels after the car oils and additives company announced an agreement with Aramco to sell its global products for $2.65 billion, with the stock sliding 2.70%, or 87 cents, settling at 31.35, with trading volumes surpassing 5.6 million shares, above 10-day averages of 1.2 million shares.

The stock is gathering recent profits while garnering momentum to help it rise anew, while venting off overbought saturation in the RSI, amid the dominance of the upward correctional short-term wave, with support from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the first resistance at 34.80, provided it holds above 31.00.

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Expected trend for today: Bullish

Alibaba's stock (BABA) rose amid attempts to recoup some recent losses while venting off oversold saturation in the RSI, marking a profit of 1.09%, or 97 cents, and settling at 90.34, with trading volumes surpassing 36 million shares, above 10-day averages of 27 million shares, amid the dominance of the main downward trend in the medium term, with negative pressure from the 50-day SMA.

The giant tech company asserted it'll maintain its listing in both New York and Hong Kong and the SEC in the US put the company under risk of expelling lists.

Therefore we expect the stock to return lower, targeting the pivotal support of 81.80, provided the resistance of 102.70 holds on.

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Expected trend for today: Bearish

The NZDUSD pair traded with strong negativity to break 0.6320 level and heads to decline in the upcoming sessions, targeting 0.6257 level mainly, noting that breaking this level will extend the bearish wave to reach 0.6180 as a next negative target.

Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 0.6320 and holding above it.

The expected trading range for today is between 0.6230 support and 0.6330 resistance

The expected trend for today: Bearish for the rest of the day

The AUDUSD pair faced strong negative pressure to break 0.6980 level to approach 0.6910 level, to hint heading to turn to decline, noting that breaking the last level will push the price to achieve more decline and stop the recent bullish correction, while breaching 0.6980 represents the key to resume the bullish wave again.

Therefore, we prefer to stay aside until the price confirms breaking 0.6910 support or breaching 0.6980 resistance to detect its next destination clearly.

The expected trading range for today is between 0.6870 support and 0.7000 resistance

The expected trend for today: Neutral