The USDCHF pair found solid support at 0.9564 barrier, which forced the price to rebound bullishly to approach testing the key resistance 0.9655, met by the EMA50 to add more strength to it, while stochastic shows clear overbought signals now.

Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, as our next main target is located at 0.9420, noting that the continuation of the expected decline depends on holding below 0.9655 and 0.9727 levels.

Expected trading range for today is between 0.9564 support and 0.9670 resistance.

Expected trend for today: Bearish

The NZDUSD pair shows new test to the key support 0.7260 now, and as long as the price is above this level, the bullish trend scenario will remain active for the upcoming period, supported by the EMA50 that protects trading inside the bullish channel that appears on the chart, besides the positivity that appears on stochastic.

Our waited targets begin at 0.7375 and extend to 0.7560 after breaching the previous level, reminding you that holding above 0.7260 represents main condition to continue the expected rise.

Expected trading range for today is between 0.7220 support and 0.7375

Expected trend for today: Bullish

The AUDUSD pair shows some bearish bias after touching the bullish channel’s resistance that appears on the chart, and the price might be forced to visit 0.7936 level before resuming the bullish trend again.

The EMA50 provides continuous positive support to the price, while stochastic shows clear oversold signals, thus, we believe that the chances are valid to continue the main bullish trend that its next main target located at 0.8125, taking into consideration that breaking 0.7936 will stop the expected rise and push the price to decline again.

Expected trading range for today is between 0.7930 support and 0.8100

Expected trend for today: Bullish

Brent oil price tested the neckline of the head and shoulders’ pattern that appears on the chart, waiting to break this level at 68.50 to confirm rallying for more bearish correction on the intraday basis, as our next target is located at 66.90.

Therefore, we expect the continuation of the bearish trend domination in the upcoming sessions unless the price managed to breach 70.08 level and hold above it, noting that breaching this level will push the price to achieve positive targets that reach 72.35 mainly.

Expected trading range for today is between 67.14 support and 70.08 resistance.

Expected trend for today: Bearish