Xerox Holdings’ stock price (XRX) inched higher in the intraday levels, buoyed by positive signals from the RSI as the stock tries to correct the main downward trend while trading alongside the negative trend line in the medium term, with negative pressure due to trading below the 50-day SMA.

Therefore we expect the stock to return lower, targeting the support of $8.04 anew, provided it settles below the resistance of $9.50.

Trend forecast for today: Likely Bearish 

The NZDUSD price provides additional positive trades to reach the thresholds of the bearish channel’s resistance line, waiting to rebound bearishly to continue the decline within this channel, reminding you that the first main target is located at 0.5450$.

We remind you that breaching 0.5650$ will stop the bearish wave to push the price to turn to rise and start bullish correction on the intraday and short-term basis.

The expected trading range for today is between 0.5550$ support and 0.5650$ resistance

Trend forecast: Overall bearish

The AUDUSD price shows new positive trades to attempt to surpass the EMA50, waiting for more rise that targets 0.6265$ mainly, reminding you that breaking 0.6180$ will push the price to resume the main bearish track to head towards 0.6095$ mainly.

The expected trading range for today is between 0.6140$ support and 0.6250$ resistance

Trend forecast: Bullish temporarily

Brent oil price faced additional negative pressure to test 80.55$ level, keeping its consolidation above it above it until now, to keep the chances valid to continue the expected bullish trend for the upcoming period, supported by stochastic gain to the positive momentum clearly, reminding you that our targets begin by surpassing 81.6$ to open the way to rally towards 82.80$ followed by 83.70$ levels.

The expected trading range for today is between 79.70$ support and 82.70$ resistance.

Trend forecast: Bullish