Bitcoin price (BTCUSD) provided more negative trades to approach our first waited target at 91000.00$, and continues to move inside the correctional bearish channel that supports the chances of continuing the decline to head towards 38.2% Fibonacci correction level at 87055.00$.

Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that breaching 95195.00$ 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 88000.00$ support and 94500.00$ resistance.

Trend forecast: Bearish

The USDCHF price provided clear positive trades yesterday to reach 0.9070 areas, which supports the continuation of the expected bullish trend for the upcoming period, which targets 0.9100 as a next station.

Stochastic attempts to gather new positive momentum to support the expectations of continuing the rise on the intraday and short-term basis, reminding you that the continuation of the bullish wave requires holding above 0.9014.

The expected trading range for today is between 0.8970 support and 0.9100 resistance.

Trend forecast: Bullish

The NZDUSD price bounced bearishly after the EMA50 formed solid resistance barrier against the price, to break the minor bullish channel’s support line that appears on the chart and gets negative motive that we expect to push the price to decline today, on its way to achieve negative targets that start at 0.5550$ and extend to 0.5460$ after breaking the previous level.

Therefore, the bearish trend will remain suggested for today unless breaching 0.5665$ and holding above it.

The expected trading range for today is between 0.5580$ support and 0.5680$ resistance

Trend forecast: Bearish

The AUDUSD price couldn’t manage to continue the rise, to rebound bearishly and head towards resuming the main bearish trend again, noticing that the recent trades are confined within descending triangle that supports the chances of achieving more decline in the upcoming sessions, and the price needs to break 0.6200$ to confirm opening the way to head towards 0.6140$ as a next main target.

The EMA50 supports the expectations to decline today, which will remain valid unless breaching 0.6245$ and holding above it.

The expected trading range for today is between 0.6160$ support and 0.6260$ resistance

Trend forecast: Bearish