Bitcoin price leaned well on the intraday bullish channel’s support line that appears on the chart to resume the bullish track and settles above 9300.00 barrier now, which supports the continuation of our bullish overview in the upcoming period, paving the way to head towards our next positive target that extends to 9840.00.
The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 9000.00.
The expected trading range for today is between 9200.00 support and 9650.00 resistance
The expected trend for today: Bullish
The USDCHF pair could not manage to hold for long time above 1.0000 level, to trade with strong negativity yesterday and breaks 0.9944 level, which puts the price under more expected negative pressure in the upcoming period, on its way to visit 0.9856 as a next negative station.
Therefore, we expect witnessing more decline today unless the price rallies to breach 0.9944 followed by 1.0000 levels and holding above them.
The expected trading range for today is between 0.9840 support and 0.9940 resistance.
The expected trend for today: Bearish
The NZDUSD pair opens today’s trading with strong rise to beach 0.6535 level, which opens the way for a bullish correction on the intraday basis, as the price settles near 50% Fibonacci correction for the last decline, noting that surpassing the current areas will push the price towards 0.6607 areas.
Therefore, the bullish trend will be expected for the upcoming sessions unless the price decline to break 0.6535 level and settles below it again.
The expected trading range for today is betwenen 0.6535 support and 0.6630
The expected trend for today: Bullish
The AUDUSD pair closed the daily candlestick above 0.6875, which pushes the price to achieve more intraday gains, supported by the positive signal provided now by stochastic, expecting to head to test 0.6970 initially, noting that surpassing this level will push the price to visit 0.7044 as a next station.
Therefore, the bullish bias will be suggested for today unless breaking 0.6865 level and holding below it.
The expected trading range for today is between 0.6865 support and 0.6950
The expected trend for today: Bullish