Bitcoin price continues its negative crawling to reach the key support 10748.00, while stochastic keeps providing the oversold signals, to keep the chances valid to resume the bullish trend on the intraday and short term basis.

Therefore, we will keep our positive overview for the upcoming period unless breaking 10748.00 level and holding below it, noting that our positive targets begin at 12852.65 and extend to 15456.70.

Expected trading range for today is between 10500.00 support and 12850.00 resistance

Expected trend for today: Bullish

The USDCHF pair shows some bullish bias to approach retesting the previously broken support that turns into key resistance now at 0.9418, noticing that stochastic loses its bullish momentum clearly to reach the overbought areas, while the EMA50 forms continuous negative pressure against the price.

Therefore, our bearish overview will remain active for today unless breaching 0.9418 level and holding above it, reminding you that our waited targets begin at 0.9250 and extend to 0.9035 after breaking the previous level.

Expected trading range for today is between 0.9300 support and 0.9440 resistance.

Expected trend for today: Bearish

The sideways trades caused the NZDUSD pair’s exit from the bullish channel, but it keeps its stability above the most important support at 0.7261, while stochastic provides clear positive signal on the four hours’ time frame.

Therefore, we believe that the chances still valid to continue the bullish trend, which its targets begin by breaching 0.7375 level to confirm opening the way to head towards 0.7558, noting that breaking 0.7261 will put the price under negative pressure that its targets begin at 0.7167 and extend to 0.7075.

Expected trading range for today is between 0.7261 support and 0.7400

Expected trend for today: Bullish

The AUDUSD pair finds difficulty to breach 0.8125 level, to start today with slight bearish bias that hints potential test to the bullish channel’s support that appears on the chart before turning back to rise again.

In general, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the price stability above 0.8020 and 0.7936 levels, supported by the EMA50 that keeps carrying the price from below, reminding you that breaching 0.8125 will confirm extending the bullish wave towards 0.8200 as a next main station.

Expected trading range for today is between 0.8020 support and 0.8170

Expected trend for today: Bullish