Sugar price traded with strong negativity yesterday to reach the thresholds of the waited target at 26.08, and we expect to surpass this level to achieve more bearish correction that its next target reaches 25.55.

Therefore, our bearish overview will remain valid and active for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that the continuation of the bearish wave requires holding below 26.74.

The expected trading range for today is between 25.80 support and 26.45 resistance

The expected trend for today: Bearish

The USDCHF pair continues to rise to surpass our extended target at 0.9145 and opens the way to achieve more gains on the intraday and short-term basis, waiting to test 0.9220 level as a next station, which breaching it represents the key to head towards 0.9300 as a next main target.

Therefore, the bullish trend scenario will remain active for the upcoming period, supported by the EMA50 that keeps carrying the price from below, noting that breaking 0.9120 will stop the expected rise and push the price to achieve some intraday bearish correction.

The expected trading range for today is between 0.9100 support and 0.9240 resistance.

The expected trend for today: Bullish

The NZDUSD pair is facing negative pressure now to move around the EMA50, waiting to get positive momentum that assist to push the price to resume the expected bullish trend for the upcoming period, which targets 0.6020 as a next main station.

Therefore, the bullish trend scenario will remain active for the upcoming period conditioned by the price stability above 0.5900.

The expected trading range for today is between 0.5900 support and 0.5990 resistance

The expected trend for today: Bullish

The AUDUSD pair ended yesterday below 0.6400 level, to stop the recently suggested positive scenario and head towards expected turn to decline, and we expect to target 0.6330 followed by 0.6275 levels as next main stations.

Therefore, the bearish bias will be expected for today, supported by moving below the EMA50, noting that breaching 0.6400 will stop the suggested negative scenario and lead the price to recover again.

The expected trading range for today is between 0.6330 support and 0.6430 resistance

The expected trend for today: Bearish