The USDCHF pair attempted to breach 0.9581 level yesterday but it returns to move below it now, which keeps the bearish trend scenario valid until now, supported by stochastic move within the overbought areas, waiting to head towards 0.9488 as a first target.

We reminding you that confirming breaching 0.9581 will push the price to visit 61.8% Fibonacci correction level at 0.9675 before any new attempt to resume the general bearish trend.

Expected trading range for today is between 0.9500 support and 0.9640 resistance.

Expected trend for today: Bearish

The NZDUSD pair opens today’s trading with clear positivity to attack 0.7281 level and attempts to hold above it, which hints the price attempt to return to the main bullish trend again, thus, we prefer staying aside temporarily until the price confirms its situation to the mentioned level.

Note that holding above 0.7281 will push the price to achieve gains that start at 0.7436 mainly, while failing to confirm the breach will push the price to visit 0.7185 again.

Expected trading range for today is between 0.7200 support and 0.7370

Expected trend for today: Neutral

The AUDUSD pair provides positive trades now to surpass the EMA50, which might push the price to test 0.7743 level before turning back to decline again.

In general, holding below the mentioned level keeps our bearish overview valid, waiting to test 0.7650 level, noting that breaching 0.7743 will open the way to return to the main bullish trend again, to start the positive targets at 0.7818 followed by 0.7893.

Expected trading range for today is between 0.7620 support and 0.7760

Expected trend for today: Bearish

Brent oil price tested 69.09 level yesterday and bounced bearishly from there, to keep the bearish trend dominant on the intraday basis, waiting to head towards 67.68 initially.

Stochastic negativity supports the chances of continuing the decline in the upcoming period, reminding you that breaking the targeted level will push the price towards 66.54, while breaching 69.09 will stop the expected decline and push the price back to its main bullish track.

Expected trading range for today is between 66.54 support and 70.00 resistance.

Expected trend for today: Bearish