The USDCHF pair shows calm negative trades to approach 0.8968 level, waiting to break this level to confirm the continuation of the bearish trend domination on the intraday basis, reminding you that our next target reaches 0.8889.

Holding below 0.9020 is important to continue the expected decline, as breaching it represents the first key to attempt to regain the main bullish trend, to start the positive targets by testing 0.9066.

The expected trading range for today is between 0.8910 support and 0.9050 resistance.

The expected trend for today: Bearish

The NZDUSD pair reached few pips away from our waited target at 0.5900, and we expect to surpass this level to open the way to achieve additional negative targets that reach 0.5850, waiting to get negative motive that assist to push the price to achieve the required break.

On the other hand, we should note that breaching 0.5960 will stop the expected decline and lea the price to recover and achieve gains that reach 0.6020 on the near term basis.

The expected trading range for today is between 0.5865 support and 0.5960 resistance

The expected trend for today: Bearish

The AUDUSD pair couldn’t manage to continue the rise, to press on 0.6400 level again, to hint heading to decline again, but we prefer to stay neutral until the price confirms its situation according to the mentioned support followed by detecting its next destination clearly.

Notet that breaking this support will push the price to achieve new negative targets that start by visiting 0.6340 areas, while consolidating above it will lead the price to build intraday bullish wave that targets testing 0.6545 areas mainly.

The expected trading range for today is between 0.6350 support and 0.6460 resistance

The expected trend for today: Neutral

Brent oil price succeeded to achieve our waited target at 81.00 and surpassed it to close the daily candlestick below it, confirming the continuation of the bearish trend scenario in the upcoming sessions, opening the way to achieve additional negative targets that reach 77.45 areas.

Therefore, the bearish trend scenario will remain valid and active, supported by the EMA50 that presses negatively on the price, noting that breaching 81.00 will stop the current negative pressure and push the price to attempt to build bullish wave on the intraday basis.

The expected trading range for today is between 79.00 support and 81.90 resistance.

The expected trend for today: Bearish