The price of Brent oil remains at the supporting level of 70.50 for now. The chart below shows the clear bullish sentiment. It means that the price of this asset might potentially rise first. After that, the bears are likely to seize the initiative, and the asset’s price might dive below the level of 69 dollars per barrel. So, let’s wait and see whether this scenario is going to work out.

Now, the price of Australian dollar is trying to form the engulfing at the resistance level of 0.6513, thus demonstrating the strong selling sentiment. At that, the price of this asset might dive even deeper before gaining the required support in a very strong zone formed between levels 0.6349 and 0.6362. Hence, the bears might still try to benefit from this situation and make the asset’s price drop again. Time will tell what is going to happen next.

The price of the currency pair EUR/USD rebounded from the broken level of 1.0600. It is targeting the supporting level of 1.0400 for now. Once the asset’s price has gained the required support, it might potentially reverse, undergo correction, and head North. So, let’s wait and see what is going to be the next price movement of this asset.