Corn price provided positive trades yesterday and attempted to return above the broken bullish trend line, to support the continuation of the overall bullish trend, which its next main target located at 595.00.

Moving above the EMA50 supports the suggested positive scenario, which will remain valid unless breaking 550.00 and holding below it.

The expected trading range for today is between 560.00 support and 575.00 resistance.

The expected trend for today: Bullish

The USDCHF pair trades negatively to move away from the bearish channel’s resistance, reinforcing the expectations of continuing the bearish trend, which targets 0.9060 as a first station, reminding you that breaking this level will lead the price to visit 0.9000 as a next main target.

Therefore, the bearish trend will remain valid and active for the upcoming period unless breaching 0.9155 level and holding above it.

The expected trading range for today is between 0.9060 support and 0.9155 resistance.

The expected trend for today: Bearish

The NZDUSD pair managed to break 0.7140 level to decline clearly and approach the first waited target at 0.7090, and we expect to surpass this level to head towards the next negative station at 0.7050.

Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.7140 and 0.7175 levels.

The expected trading range for today is between 0.7050 support and 0.7140 resistance

The expected trend for today: Bearish

The AUDUSD pair succeeded to reach our first waited target at 0.7360, expecting to continue the negative pressure to break this level and open the way to head towards our next negative target at 0.7315.

The EMA50 supports the expected bearish wave, which will remain valid conditioned by the price stability below 0.7400 and the most important below 0.7460.

The expected trading range for today is between 0.7310 support and 0.7400 resistance

The expected trend for today: Bearish