Corn price shows positive trades by today’s open, but we will depend on the last daily candlestick close recorded below 526.10 to continue suggesting the bearish trend for the upcoming period, which targets 500.00 as a next main station.

Therefore, we are waiting for expected negative trades on the intraday basis, taking into consideration that the continuation of the rise and surpassing 540.00 will stop the bearish wave and push the price to turn to rise.

The expected trading range for today is between 520.00 support and 535.00 resistance.

The expected trend for today: Bearish

The USDCHF pair managed to breach 0.8980 level and hold above it, reinforcing the expectations of continuing the domination of the bullish trend on the intraday basis, waiting to test 0.9055 as a next main station.

The EMA50 supports the suggested bullish wave, which will remain valid unless breaking 0.8965 and holding with a daily close below it.

The expected trading range for today is between 0.8930 support and 0.9070 resistance.

The expected trend for today: Bullish

The NZDUSD pair shows some slight bullish bias now to head towards retesting the broken neckline of the double top pattern, affected by stochastic positivity, waiting to get negative momentum that assists to push the price to resume the correctional bearish trend, which targets 0.6020 initially.

Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.6140, noting that breaking the targeted level will extend the bearish wave to reach 0.5900 areas on the near term basis.

The expected trading range for today is between 0.6020 support and 0.6120 resistance

The expected trend for today: Bearish

The AUDUSD pair fluctuates within tight range since yesterday, settling around 0.6620, therefore, no change to the expected bearish trend scenario for the upcoming period, which depends on the price stability below 0.6665, supported by the EMA50 that presses negatively on the price, reminding you that our waited target is located at 0.6545.

The expected trading range for today is between 0.6550 support and 0.6660 resistance

The expected trend for today: Bearish