Corn price breached the key resistance 534.50 clearly and settled above it, to exit the bearish channel that appears on the chart, which leads the price to turn to rise on the intraday and short term basis, on its way to achieve positive targets that start at 557.00.

Holding above 530.00 is important to continue the expected bullish trend, as breaking it will push the price back to the bearish channel again.

The expected trading range for today is between 530.00 support and 545.00 resistance.

The expected trend for today: Bullish

The USDCHF pair attempts to breach 0.9200 level and finds solid resistance there, getting continuous positive support by the EMA50, waiting for more rise to visit 0.9265 that represents our first target.

Holding above 0.9175 is important to continue the expected bullish bias, as breaking it will press on the price to visit 0.9100 areas before any new positive attempt.

The expected trading range for today is between 0.9160 support and 0.9250 resistance.

The expected trend for today: Bullish

The NZDUSD pair provided positive trades yesterday to test 0.7140, starting to decline now, motivated by the negative signals provided by stochastic, waiting to break 0.7084 to open the way to achieve more bearish correction that targets 0.7030 followed by 0.6990.

In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.7170 and holding with a daily close above it.

The expected trading range for today is between 0.7040 support and 0.7140 resistance

The expected trend for today: Bearish

The AUDUSD pair managed to achieve our first waited target at 0.7300 and bounced bullishly to retest the broken neckline of the double top pattern, and begins to rebound bearishly now, to keep the negative effect of this pattern active, waiting for more decline to surpass the mentioned level and head towards 0.7225 as a next target.

The EMA50 and stochastic support the expected bearish trend, which will remain valid conditioned by the price stability below 0.7375.

The expected trading range for today is between 0.7270 support and 0.7360 resistance

The expected trend for today: Bearish