Corn price attempts positively – Forecast today - 13-09-2024

The USDCHF price bounced bearishly after testing 0.6543 in the previous sessions, to resume the expected bearish trend on the intraday and short term basis, reminding you that our targets begin at 0.8455 and extend to 0.8332.

The NZDUSD price rallied upwards clearly to breach 0.6165$ level and settles above it, to stop the negative effect of the double top pattern and head towards achieving expected gains in the upcoming sessions, targeting testing 0.6228$ initially, noting that breaching this level will lead the price to achieve more positive targets on the longer-term basis.

The AUDUSD price succeeded to achieve our waited target at 0.6728$ and settles there, as it faces solid resistance there, accompanied by witnessing negative signals through stochastic, while it gets positive support by the EMA50 that might push the price to achieve more gains in the upcoming period.