The USDCHF pair fluctuates between the key levels represented by 0.9200 support and 0.9265 resistance, which represent the next trend keys, as the price needs to breach one of these levels to detect its next destination clearly, which makes us continue with our neutrality until now.
We remind you that breaking the support will put the price under additional negative pressure that targets 0.9140 as a next station, while breaching the resistance will lead the price to achieve new gains that reach 0.9345.
The expected trading range for today is between 0.9190 support and 0.9290 resistance.
The expected trend for today: Neutral
The NZDUSD pair succeeded to achieve our waited target at 0.7080 and attempted to breach it, finding solid resistance there that might force the price to achieve temporary decline before turning back to rise again.
Stochastic starts to get rid of the negative momentum, waiting to get positive motive that push the price to breach the mentioned level and rally towards 0.7170 as a next positive target, to keep the bullish trend suggested for the upcoming period unless breaking 0.7030 and holding below it.
The expected trading range for today is between 0.7030 support and 0.7120 resistance
The expected trend for today: Bullish
The AUDUSD pair opens today with bearish bias to press on 0.7405 level, which urges caution from the upcoming trading, as breaking this level will press on the price to test the most important support at 0.7360 before resuming the bullish trend again.
Until now, the bullish trend scenario still active unless breaking 0.7360 and holding below it, supported by the EMA50 that continues to carry the price from below, reminding you that our next target is located at 0.7478.
The expected trading range for today is between 0.7370 support and 0.7460 resistance
The expected trend for today: Bullish
The AUDUSD pair opens today with bearish bias to press on 0.7405 level, which urges caution from the upcoming trading, as breaking this level will press on the price to test the most important support at 0.7360 before resuming the bullish trend again.
Until now, the bullish trend scenario still active unless breaking 0.7360 and holding below it, supported by the EMA50 that continues to carry the price from below, reminding you that our next target is located at 0.7478.
The expected trading range for today is between 0.7370 support and 0.7460 resistance
The expected trend for today: Bullish