The USDCHF pair approached our waited target yesterday, represented by the bearish channel’s resistance that appears on the above chart, noticing that the price faces good resistance at the EMA50, which forms negative pressure that we expect to push the price to resume its main bearish track again.

Therefore, the bearish bias will be suggested in the upcoming sessions, and the waited targets begin at 0.9254 and extend to 0.9035 after breaking the previous level, noting that breaching 0.9330 will stop the expected decline and push the price to continue rising on the intraday basis.

Expected trading range for today is between 0.9200 support and 0.9350 resistance.

Expected trend for today: Bearish

The NZDUSD pair shows calm negative trades to fluctuate around 0.7350 now, while the EMA50 keeps providing the positive support to the price, to keep the main bullish trend scenario active in the upcoming period, organized inside the bullish channel that carries the price from 0.6780 areas.

Our first target is represented by breaching 0.7436 level to confirm opening the way to head towards 0.7565 as a next station, reminding you that holding above 0.7281 represents main condition to continue the expected rise.

Expected trading range for today is between 0.7280 support and 0.7450

Expected trend for today: Bullish

The AUDUSD pair continues to fluctuate around th EMA50, starting to provide positive trades now that hint the attempt to resume the main bullish trend, supported by stochastic move at the oversold areas, waiting to breach 0.7936 level to confirm heading towards 0.8000 that represents our next main target.

Therefore, our bullish overview will remain valid in the upcoming sessions conditioned by the price stability above 0.7900.

Expected trading range for today is between 0.7850 support and 0.8000

Expected trend for today: Bullish

Brent oil price succeeded to breach 65.40 level and closed the daily candlestick above it, which supports the continuation of our bullish overview efficiently in the upcoming period, paving the way to head towards 67.68 that represents our next main target.

Therefore, we will keep our bullish overview on the intraday and short term basis, conditioned by the price stability above 64.00 level, noting that the EMA50 provides good positive support to the price.

Expected trading range for today is between 64.00 support and 67.68 resistance.

Expected trend for today: Bullish