The price of Brent oil keeps testing the upper boundary of the supporting zone, that is, 71 USD per barrel. This has been going on for several weeks in a row. Bulls are trying to seize the initiative to bring the asset’s price up, but to no avail. Should the asset head North, it might have to face the resistance level of 80.50 first. At this point, bears might try to outrun bulls. Although in this case, the price of oil will have to break the lower boundary of the supporting zone, that is, the level of 68.50. So, let’s wait and see what is going to be the next price movement of this asset.

The 10-year yield of U.S. government bonds has jumped over 4.2%, signifying the upcoming bullish market sentiment and potential rise to 4.64%. Let us remind you that when the yield of the government bonds goes up, their price always goes down, and vice versa.

The cross rate of the currency pair AUD/CHF is testing a very strong supporting level of 0.5607. As for now, buyers are trying to outrun sellers although bullish sentiment prevails. However, the price of this asset might potentially rise at the end of today’s trading session. On the other side, the asset’s price might head South and drop. This may happen if the price of the currency pair AUD/CHF breaks the support. Time will tell what is going to happen next.