Bitcoin price showed new test to 11160.00 level and returns to decline to settle below 10748.00 level, which keeps the negative pressure valid until now, supported by the negative signals provided by stochastic and the EMA50, reminding you that we are waiting to head towards 8643.00 as a next station.

The bearish channel organizes the suggested bearish wave, which its continuation conditions holding below 10748.00 and 11160.00 levels.

Expected trading range for today is between 9000.00 support and 11160.00 resistance

Expected trend for today: Bearish

The USDCHF pair begins today’s trading with clear negativity to attack 0.9564 level and settles below it, which supports the continuation of our bearish overview in the upcoming sessions, paving the way to head towards the previously recorded low at 0.9418 as a next station.

Therefore, we are waiting for more decline today supported by the negative pressure formed by the EMA50, conditioned by holding below 0.9655 level.

Expected trading range for today is between 0.9470 support and 0.9600 resistance.

Expected trend for today: Bearish

The NZDUSD pair succeeded to touch our waited target at 0.7375 and settles there, and the price continues to move inside the bullish channel that appears on the above chart, as it gets continuous positive support by the EMA50, which hints that the chances are valid to continue rising in the upcoming sessions, noting that breaching the mentioned level will push the price towards the previously recorded top at 0.7558 as a next main station.

Therefore, we expect witnessing more bullish bias for today conditioned by holding above 0.7260 level.

Expected trading range for today is between 0.7300 support and 0.7450

Expected trend for today: Bullish

The AUDUSD pair bounced upwards clearly after testing the bullish channel’s support, to keep the bullish trend scenario valid efficiently in the upcoming period, supported by the EMA50 that protects trading inside the mentioned channel, besides the positive signal provided now by stochastic.

Therefore, we are waiting for more rise today, as our next main target is located at 0.8125, while holding above 0.7936 represents key condition to achieve the waited targets.

Expected trading range for today is between 0.7940 support and 0.8100

Expected trend for today: Bullish