Bitcoin price achieved initial breach to 8643.35 level and settles above it, which hints the price attempt to recover in the upcoming period, supported by the EMA50, but it approaches the previously broken neckline of the double top pattern at 9260.00, as the negative effect of this pattern still valid unless the price managed to breach the mentioned level, especially that stochastic is negative now.

Therefore, this contradiction between the technical factors makes us stay aside until the price confirms breaching one of the above mentioned levels and get clearer signal for the next trend, noting that breaching 9260.00 resistance will confirm the continuation of the bullish bias and visit 10748.00 level mainly, while breaking 8643.35 support will push the price to decline again and target 6039.30 level as a next station.

Expected trading range for today is between 8200.00 support and 10300.00 resistance

Expected trend for today: Depends on the above mentioned levels

The USDCHF pair resumed its positive trading to approach our first waited target at 0.9581, and it might show some temporary bearish bias affected by stochastic negativity, but we will continue to suggest the bullish trend supported by the EMA50 that protects trading inside the bullish channel that appears on the chart, noting that breaching the mentioned level will push the price towards 0.9675 as a next station.

Holding above 0.9488 is important to achieve the suggested targets, as breaking it will put the price under the negative pressure again, to target 0.9373 level initially.

Expected trading range for today is between 0.9490 support and 0.9620 resistance.

Expected trend for today: Bullish

The NZDUSD pair succeeded to break 0.7185 level and closed the daily candlestick below it, to start activating the negative effect of the triple top pattern that has negative targets that extend to surpass 0.7107 and reach 0.7030 on the near term basis.

Therefore, the bearish trend will remain dominant on the intraday and short term basis unless the price managed to rally upwards to breach 0.7281 level and hold above it.

Expected trading range for today is between 0.7100 support and 0.7250

Expected trend for today: Bearish

The AUDUSD pair continues to crawl negatively to approach our waited target at 0.7650, reminding you that breaking this level will extend the bearish wave to reach 0.7500 areas on the near term basis, noting that the EMA50 forms negative pressure to support the continuation of trading inside the bearish channel that appears on the chart.

Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 0.7743 level and hold above it.

Expected trading range for today is between 0.7600 support and 0.7760

Expected trend for today: Bearish