Corn price bounced upwards strongly to return to the bullish channel again, to stop the correctional bearish scenario and head towards resuming the main bullish trend, and it needs to breach 504.00$ to confirm opening the way to target 516.00$ - 520.00$ levels as next main stations.

The EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 491.00$.

The expected trading range for today is between 493.00$ support and 510.00$ resistance.

Trend forecast: Bullish

The USDCHF price bounced bearishly after approaching 0.9200 barrier, to break the bullish channel’s support line and head towards achieving expected decline in the upcoming sessions, noting that the main waited target is located at 0.9014.

Breaking 0.9090 will ease the mission to achieve the suggested target, while breaching 0.9135 will stop the current negative pressure and lead the price to resume the main bullish trend again.

The expected trading range for today is between 0.9040 support and 0.9180 resistance.

Trend forecast: Bearish

The NZDUSD price couldn’t manage to break 0.5540$, to trade with clear positivity and head towards achieving some bullish correction, noting that the main expected target is located at 0.5738$.

Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 0.5540$ will stop the bullish trend and push the price to return to the main bearish track again.

The expected trading range for today is between 0.5570$ support and 0.5670$ resistance

Trend forecast: Bullish

The AUDUSD price bounced upwards clearly after finding solid support at 0.6130$, to head towards achieving expected gains on the intraday basis, targeting testing 0.6320$ again.

Therefore, the bullish bias will be suggested for the upcoming sessions, noting that breaking 0.6130$ will stop the bullish wave and push the price to resume the main bearish trend again.

The expected trading range for today is between 0.6160$ support and 0.6260$ resistance

Trend forecast: Bullish