Sugar price breached 19.72 and settled above it, to stop the recently suggested negative scenario and lead the price to resume the main bullish trend, waiting to visit 20.60 initially.

Therefore, the bullish bias will be suggested for the upcoming sessions unless breaking 19.72 and hold above it again.

The expected trading range for today is between 19.70 support and 20.50 resistance

The expected trend for today: Bullish

Corn price returns to test the bearish channel’s resistance, and as long as the price is below 534.00, our bearish overview will remain valid for the upcoming period, supported by stochastic negativity, noting that we are waiting to visit 504.00 followed by 480.00 levels as next main targets.

The expected trading range for today is between 504.00 support and 530.00 resistance.

The expected trend for today: Bearish

The USDCHF pair traded with clear positivity yesterday to breach 0.9265 and attempts to hold above it now, to reactivate the bullish trend scenario that targets 0.9345 as a first station, supported by the EMA50 that carries the price from below.

Therefore, we expect to witness more bullish bias on the intraday basis conditioned by the price stability above 0.9265.

The expected trading range for today is between 0.9220 support and 0.9320 resistance.

The expected trend for today: Bullish

The NZDUSD pair managed to break 0.6990 and attempts to hold below it, reinforcing the expectations of continuing the correctional bearish trend, which targets 0.6945 as a next station.

Therefore, we expect to witness more decline on the intraday basis, organized inside the bearish channel that appears on the chart, noting that it is important to hold below 0.7030 and 0.7084 levels to continue the expected decline.

The expected trading range for today is between 0.6930 support and 0.7030 resistance

The expected trend for today: Bearish