Corn price trades positively by today’s open to approach the key resistance 509.50, affected by stochastic positivity, noting that the EMA50 meets the mentioned resistance to add more strength to it, waiting to resume the negative trades to head towards achieving our next main target that reaches 435.60.

On the other hand, we should note that breaching 509.50 will stop the expected decline and lead the price to attempt to regain the main bullish trend again.

The expected trading range for today is between 470.00 support and 509.00 resistance.

The expected trend for today: Bearish

The USDCHF pair succeeded to achieve our first waited target at 0.8825 and settles there, waiting to breach this level to open the way to head towards our next positive target at 0.8890.

The EMA50 continues to support the bullish wave that moves organized inside the bullish channel that appears on the chart, noting that breaking 0.8775 will stop the expected rise and push the price to turn to decline.

The expected trading range for today is between 0.8750 support and 0.8900 resistance.

The expected trend for today: Bullish

The NZDUSD pair crawls downwards and reach 0.5900 level, moving within bearish channel that supports the chances of surpassing this level and open the way to extend the bearish wave on the intraday and short-term basis, reminding you that our next stations reach 0.5840 followed by 0.5750.

Therefore, the bearish trend will remain suggested for the upcoming period conditioned by the price stability below 0.5995 and 0.6020 levels.

The expected trading range for today is between 0.5860 support and 0.5960 resistance

The expected trend for today: Bearish

The AUDUSD pair continues to fluctuate around 0.6400 level and finds difficulty to confirm breaking it, noticing that stochastic loses the positive momentum again, waiting to assist to push the price to break this level followed by continuing the decline on the intraday and short-term basis, reminding you that our next target is located at 0.6310.

Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.6440.

The expected trading range for today is between 0.6350 support and 0.6450 resistance

The expected trend for today: Bearish