The USDCHF pair resumed its negative trading to break the symmetrical triangle’s support line that appears on the chart, to get good negative motive that supports the continuation of the expected bearish trend for the upcoming period, which its targets begin by testing 0.9060 level.

Therefore, our bearish overview will remain active, supported by the negative pressure formed by the EMA50, taking into consideration that breaching 0.9195 will stop the current negative pressure and push the price to test 0.9316 areas before any new negative attempt.

The expected trading range for today is between 0.9045 support and 0.9190 resistance.

The expected trend for today: Bearish

The NZDUSD pair rose to settle above the intraday bullish trend line again, which reactivates the intraday positive scenario, which its targets begin by testing 0.6290 level, noting that breaching this level will extend the bullish wave to reach 0.6385 areas.

Therefore, we expect to witness more bullish bias in the upcoming sessions, supported by the EMA50, noting that breaking 0.6230 will stop the positive scenario and press on the price to turn to decline.

The expected trading range for today is between 0.6225 support and 0.6330 resistance

The expected trend for today: Bullish

The AUDUSD pair shows calm positive trades to move away gradually from 0.6665 level, reinforcing the expectations of continuing the bullish trend, which targets 0.6780 level as a next main station.

Note that breaching the mentioned level will provide additional positive signals to the price attempt to regain the main bullish trend again, while breaking 0.6665 will put the price under additional correctional pressure that targets 0.6550 areas initially.

The expected trading range for today is between 0.6670 support and 0.6780 resistance

The expected trend for today: Bullish

Brent oil price managed to breach 78.50 level and close the daily candlestick above it, reinforcing the expectations of continuing the correctional bullish trend, paving the way to head towards our next target that reaches 80.50.

The EMA50 continues to support the price from below to reinforce the expectations of achieving more gains in the upcoming sessions, being aware that breaking 78.50 and holding below it will stop the expected rise and press on the price to decline towards 76.55 areas initially.

The expected trading range for today is between 77.30 support and 80.50 resistance.

The expected trend for today: Bullish