Corn price managed to achieve our first target at 393.50$ and broke it to close the daily candlestick below it, reinforcing the expectations of continuing the bearish bias in the upcoming sessions, paving the way to head towards 380.00$ as a next station.

The negative pressure formed by the EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 393.50$ and 399.00$ levels.

The expected trading range for today is between 380.00$ support and 395.00$ resistance.

Trend forecast: Bearish

The USDCHF price managed to touch our first waited target at 0.8780, and begins today with additional negativity to attempt to break this level, reinforcing the expectations of continuing the correctional bearish trend to head towards 0.8673 as a next main target.

Therefore, we expect to witness more decline in the upcoming sessions, taking into consideration that failing to confirm breaking 0.8780 might push the price to recover and head to test 0.8885 areas before any new attempt to decline.

The expected trading range for today is between 0.8700 support and 0.8830 resistance.

Trend forecast: Bearish

The NZDUSD price breached 0.5915$ level clearly to head towards achieving expected gains on the intraday basis, targeting visiting 0.6000$ mainly.

Holding above 0.5915$ is required to continue the expected rise, as breaking it will push the price to decline again and open the way to head towards 0.5850$ followed by 0.5775$ levels as next negative stations.

The expected trading range for today is between 0.5900$ support and 0.6000$ resistance

Trend forecast: Bullish

The AUDUSD price bounced upwards clearly after consolidating above 0.6500$ level, to approach the key resistance 0.6570$, noticing that stochastic shows overbought signals now, while the EMA50 forms continuous negative pressure against the price.

Therefore, we believe that the chances valid to resume the bearish trend, and the targets begin by breaking 0.6500$ to open the way to head towards 0.6410$, noting that breaching 0.6570$ will stop the expected decline and lead the price to turn to rise.

The expected trading range for today is between 0.6470$ support and 0.6570$ resistance

Trend forecast: Bearish