Corn price surpasses the target – Forecast today - 02-10-2024

The USDCHF price fluctuates around the EMA50, while stochastic continues to provide the negative signals, waiting to resume the expected bearish trend for the upcoming period, which its next targets located at 0.8400 followed by 0.8332, reminding you that holding below 0.8465 is required to guarantee the continuation of the bearish wave, as breaching it will push the price to test 0.8543 before turning back to decline again.

The NZDUSD price touched the bullish trend line and approached the waited negative target at 0.6260$, noticing that the price begins to rebound bullishly from there, to head towards resuming the main bullish trend, targeting testing 0.6368$ initially, noting that breaching this level will extend the bullish wave towards 0.6460$ as a next positive station.

The AUDUSD price managed to touch 0.6866$ level and found solid support there, to rebound bullishly and head towards resuming the main bullish trend, on its way to test 0.6940$ initially, noting that breaching this level will push the price towards 0.7000$ barrier as a next positive station.