Bitcoin price achieved good gains yesterday but it returns to test the first key support base 1111.60, as the price is affected by stochastic negativity and the pressure formed by the EMA50, and as we mentioned yesterday, holding above 10748.00 keeps the bullish trend scenario valid for the upcoming period, which its first target located at 12852.00.

Therefore, the bullish trend will remain valid unless we witnessed clear break and hold below 10748.00.

Expected trading range for today is between 10000.00 support and 13000.00 resistance

Expected trend for today: Bullish

The USDCHF pair bounced downwards strongly yesterday to start attacking the key support 0.9566, which supports the continuation of our bearish overview on the intraday and short term basis, reminding you that breaking the mentioned level will extend the bearish wave to reach 0.9420 as a next station.

Therefore, the bearish trend will remain dominant in the upcoming sessions supported by the negative pressure formed by the EMA50, unless the price managed to breach 0.9656 level and hold above it.

Expected trading range for today is between 0.9500 support and 0.9620 resistance.

Expected trend for today: Bearish

The NZDUSD pair trades with calm positivity to approach our main waited target at 0.7375 gradually, organized inside the bullish channel that appears on the chart, to keep the bullish trend valid in the upcoming sessions supported by the EMA50.

We should note that breaching the targeted level will extend the pair's gains to reach the previously recorded top at 0.7558 as a next main station, while the expected rise will remain valid unless breaking 0.7261 and holding below it.

Expected trading range for today is between 0.7240 support and 0.7400

Expected trend for today: Bullish

The AUDUSD pair continued its bullish rally to surpass 0.8000 barrier and settles above it, which supports the continuation of our bullish overview efficiently in the upcoming period, and the way is open to head towards our next main target at 0.8125.

The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 0.7937.

Expected trading range for today is between 0.7937 support and 0.8125

Expected trend for today: Bullish