Bitcoin price settles below 8643.35 level, which supports the chances of continuing the bearish trend in the upcoming period, as the price falls under continuous negative pressure coming by the EMA50, reinforcing the expectations of heading towards our next main station that reaches 6039.30.

We should note that breaching 8643.35 and holding above it might push the price to test 10748.00 areas before any new attempt to decline.

Expected trading range for today is between 7000.00 support and 9000.00 resistance

Expected trend for today: Bearish

The USDCHF pair shows some slight bullish bias to test the minor bearish channel’s resistance that appears on the chart, noticing that the EMA50 continues to push negatively on the price, while stochastic provides negative overlapping signal now.

Therefore, these factors support the continuation of the bearish trend scenario on the intraday and short term basis, waiting to head towards our next main target at 0.9035, noting that breaching 0.9325 will push the price to test the most important resistance at 0.9418 before any new attempt to decline.

Expected trading range for today is between 0.9220 support and 0.9470 resistance.

Expected trend for today: Bearish

The NZDUSD pair continued to decline to approach the most important support to the short term trades at 0.7260, starting today with calm bullish bias that hints the attempt to return to rise again, especially that stochastic provides clear positive signals now on the four hours’ time frame.

Therefore, the overall positive scenario will remain active until now, and the targets begin by breaching 0.7374 to confirm opening the way to head towards 0.7558, noting that breaking 0.7260 will stop the expected rise and push the price to suffer more losses on the short term basis.

Expected trading range for today is between 0.7260 support and 0.7400

Expected trend for today: Overall Bullish

The AUDUSD pair managed to touch our waited target at 0.7936 and showed clear break to this level and settles below it now, which opens the way to extend the bearish wave on the short term basis, to head towards targeting 0.7820 areas as a next station.

Therefore, the bearish bias will be suggested in the upcoming sessions unless the price managed to breach 0.7936 level and hold with a daily close above it.

Expected trading range for today is between 0.7840 support and 0.8000

Expected trend for today: Bearish