The USDCHF pair succeeded to break 0.9656 level and hold with a daily close below it, which confirms opening the way to extend the bearish wave towards our yesterday's mentioned next target at 0.9566, noticing that the price approaches retesting the broken level now.

Therefore, we are waiting for more decline in the upcoming sessions, noting that breaching 0.9656 might push the price to achieve some intraday gains and test the key resistance areas that start at 0.9730 and might extend to 0.9800 before any new attempt to decline.

Expected trading range for today is between 0.9570 support and 0.9680 resistance.

Expected trend for today: Bearish

The NZDUSD pair continued its rise yesterday to settle around 0.7300 level, waiting to get enough positive momentum to push the price to achieve more gains and visit 0.7375 level that represents our next main target.

In general, we will continue to suggest the bullish trend in the upcoming sessions conditioned by holding above 0.7261, as breaking it will push the price to test 0.7170 areas initially before any new attempt to rise, noting that breaching 0.7375 will provide strong positive signals of regaining the main bullish track again.

Expected trading range for today is between 0.7230 support and 0.7375

Expected trend for today: Bullish

The AUDUSD pair confirmed breaching 0.7937 level after closing the daily candlestick above it, which supports the continuation of our bullish overview efficiently for the upcoming period, and the way is open to target the previously recorded top at 0.8125 as a next main station.

Therefore, we are waiting for more rise on the intraday and short term basis, noting that holding above 0.7937 represents initial condition to continue the waited rise.

Expected trading range for today is between 0.7900 support and 0.8050

Expected trend for today: Bullish

Brent oil price managed to get daily close above 70.00, which forms positive signal that supports the continuation of the overall bullish trend, which moves inside the bullish channel that appears on the chart, waiting to visit 71.45 level as a next main target.

The EMA50 keeps supporting the price from below, while stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, which will remain valid and active unless we witnessed clear break and hold with a daily close below 68.70.

Expected trading range for today is between 68.70 support and 72.00 resistance.

Expected trend for today: Bullish