Bitcoin price finds difficulty to break 8643.35 level that represents 61.8% Fibonacci correction level for the entire rise measured from 1830.00 to 19666.00, to test the resistance line that appears on the chart, which is met by the EMA50 to add more strength to it, accompanied by stochastic move inside the overbought areas.

Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, reminding you that breaking 8643.35 will push the price to target 6039.30 as a next main station, while breaching 10748.00 represents the key to stop the current negative pressure and head to achieve gains that start at 12852.65.

Expected trading range for today is between 8600.00 support and 10200.00 resistance

Expected trend for today: Bearish

The USDCHF pair retests 0.9488 level that was breached previously and keeps its stability above it until now, noticing that stochastic begins to overlap positively on the four hours’ time frame, which forms positive factor that we are waiting to motivate the price to resume the bullish trend in the upcoming sessions, noting that our waited targets begin at 0.9581 and extend to 0.9675.

On the other hand, we should note that breaking 0.9488 will stop the expected rise and push the price to test 0.9373 areas initially.

Expected trading range for today is between 0.9440 support and 0.9580 resistance.

Expected trend for today: Bullish

The NZDUSD pair opens today’s trading with strong positivity to breach 0.7281 and settles above it, to move inside an intraday bullish channel that supports the chances of regaining the main bullish trend, on its way to achieve potential gains that start at 0.7370 and extend to 0.7436.

Therefore, we suggest witnessing more rise in the upcoming sessions, supported by the EMA50, taking into consideration that breaking 0.7281 – 0.7260 levels will put the price within the correctional bearish track again.

Expected trading range for today is between 0.7260 support and 0.7400

Expected trend for today: Bullish

The AUDUSD pair rallied upwards to breach 0.7818 level and settles above it, which leads the price to attempt to regain the main bullish trend after surpassing the correctional bearish channel’s resistance that appears on the chart, approaching to test 0.7893 that represents the first positive target.

Therefore, the bullish trend will be suggested in the upcoming sessions unless breaking 0.7818 level and holding below it, noting that breaching the first target will push the price towards 0.7986 as a next station.

Expected trading range for today is between 0.7800 support and 0.7940

Expected trend for today: Bullish