The EURUSD pair rallied higher yesterday after testing 1.0519 level and holding above it, where it managed to surpass 1.0581 barrier to ease the way towards the continuation of the bullish trend and targeting 1.0731 level that represents the next main target for the current bullish wave.

Therefore, we will keep our bullish trend expectations valid efficiently in the upcoming period supported by the EMA50, taking into consideration that breaking 1.0519 level will put the price under negative pressure that leads the trading towards 1.0415 then 1.0326 levels initially.

Expected trading range for today is between 1.0519 support and 1.0731 resistance.

Expected trend for today: Bullish

Bitcoin price hovers near 900.00 level now keeping its stability below the critical resistance level at 924.50, to keep the negative pressure dominant on the upcoming trading, which targets 779.00 then 730.00 levels mainly, pointing that stochastic positivity explains the reasons for the current sideways fluctuation.

We remind you that the price needs to surpass the EMA50 that forms strong support at 857.00 to ease the price mission to head towards our suggested targets, pointing that holding below 924.50 represents an important condition for continuing the expected decline.

Expected trading range for today is between 779.00 support and 950.00 resistance

Expected trend for today: Bearish

The NZDUSD pair shows sideways and tight range trading since morning settled near the EMA50, where the price affected by stochastic positivity that decelerates the price mission to decline.

In general, we keep preferring the bearish trend on the intraday and short term basis unless breaching 0.7049 and holding above it, pointing that our main targets begin by breaking 0.6915 level to reinforce the expectations for heading towards 0.6780 as a next main station.

Expected trading range for today is between 0.6820 support and 0.7000

Expected trend for today: Bearish

The AUDUSD pair fluctuates near the bearish channel’s resistance keeping its stability below this level, as long as the price below 0.7350, so the bearish trend scenario will remain the dominant in the upcoming sessions, it might be preceded by the sideways fluctuation until stochastic loses its positive momentum then bounce lower to resume the bearish trend, reminding you that our main targets begin at 0.7210 and extend to 0.7063.

Expected trading range for today is between 0.7200 support and 0.7400

Expected trend for today: Bearish