Bitcoin price (BTCUSD) is testing the key resistance 95195.00$ now, noticing that the EMA50 meets this resistance to add more strength to it, while stochastic loses its positive momentum clearly to show overbought signals now.

Therefore, these factors encourage us to keep our expectations of continuing the bearish correction in the upcoming sessions, reminding you that our targets begin at 91000.00$ and extend to 87055.00$, reminding you that breaching 95195.00$ will stop the bearish trend and push the price to return to the main bullish track again.

The expected trading range for today is between 91500.00$ support and 96500.00$ resistance.

Trend forecast: Bearish

The USDCHF price shows some slight bearish bias affected by stochastic negativity, and it might test the key support base 0.9014 before turning back to rise again, and the EMA50 meets this support to add more strength to it.

Therefore, we will continue to suggest the bullish trend for the upcoming period, which its next target located at 0.9100, noting that breaking 0.9014 will stop the bullish wave and push the price to turn to decline.

The expected trading range for today is between 0.8980 support and 0.9110 resistance.

Trend forecast: Bullish

The NZDUSD price provided negative trades in the previous sessions and attempted to approach the first waited target at 0.5550$, but it shows some bullish bias now to approach the EMA50, waiting to resume the main bearish wave that targets 0.5550$ followed by 0.5460$ levels as main negative stations.

Holding below 0.5665$ represents the first condition to the continuation of the expected decline, as breaching it will push the price to achieve additional gains that reach 0.5720$ before turning back to decline again.

The expected trading range for today is between 0.5560$ support and 0.5660$ resistance

Trend forecast: Bearish

The AUDUSD price rebounds bullishly by today’s open to move above 0.6200$, affected by stochastic positivity, while the EMA50 forms negative pressure against the price to support the chances of resuming the expected main bearish trend for the upcoming period, which its next target located at 0.6140$.

Therefore, we will continue to suggest the bearish trend on the intraday and short-term basis, noting that breaching 0.6245$ will lead the price to continue the rise and head to test the main bearish channel’s resistance line around 0.6335$ before any new attempt to decline.

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

Trend forecast: Bearish