Corn price begins to break the symmetrical triangle’s support line that appears on the chart, reinforcing the expectations to continue the bearish trend in the upcoming sessions, paving the way to head towards our main expected target at 435.60.

Stochastic provides negative signals that support the continuation of the expected decline, which will remain valid unless breaching 509.50 and holding above it.

The expected trading range for today is between 465.00 support and 485.00 resistance.

The expected trend for today: Bearish

The USDCHF pair continues to move within the sideways range that appears on the chart, waiting to get positive motive that assist to push the price to resume the expected bullish trend on the intraday and short-term basis, reminding you that our next target is located at 0.8995.

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.8890 and holding below it.

The expected trading range for today is between 0.8870 support and 0.8990 resistance.

The expected trend for today: Bullish

The NZDUSD pair faced negative pressure to break 0.5900 and attempts to hold below it, and by taking a deeper look at the chart, we find that the price completed forming bearish flag pattern represented by the minor bullish channel that appears on the chart, which puts the price under expected negative pressure in the upcoming sessions, to head towards visiting 0.5800 followed by 0.5750 levels as next main targets.

Therefore, we expect to witness negative trades on the intraday basis, unless breaching 0.5900 and holding above it again.

The expected trading range for today is between 0.5835 support and 0.5935 resistance

The expected trend for today: Bearish

The AUDUSD pair faced solid resistance at 0.6450 that hindered the mission to rise, to trade negatively now and press on the key support 0.6400, which hints heading to resume the bearish track again, but we prefer to stay aside until the price confirms its situation according to the mentioned support to detect the next destination clearly.

Note that confirming breaking 0.6400 will h the price to decline and achieve negative targets that start by visiting 0.6300 areas, while consolidating above it will push the price to recover again and head towards 0.645 as a main positive target.

The expected trading range for today is between 0.6350 support and 0.6450 resistance

The expected trend for today: Neutral