Corn price managed to surpass 434.30$ level and close the daily candlestick above it, to confirm opening the way to continue the bullish wave, which targets 445.40$ as a next positive station.
Therefore, we are waiting for more rise on the intraday and short-term basis, noting that breaking 434.30$ will stop the bullish wave and push the price to turn to decline.
The expected trading range for today is between 430.00$ support and 445.00$ resistance.
Trend forecast: Bullish
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 expected trading range for today is between 0.8390 support and 0.8510 resistance.
Trend forecast: Bearish
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 continuation of the bullish wave depends on the price stability above 0.6228$, as breaking it represents the key to turn to decline to achieve negative targets that reach 0.6140$.
The expected trading range for today is between 0.6260$ support and 0.6365$ resistance
Trend forecast: Bullish
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.
Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 0.6866$ will push the price to achieve additional bearish correction that its next target reaches 0.6820$.
The expected trading range for today is between 0.6860$ support and 0.6960$ resistance
Trend forecast: Bullish