The USDCHF pair broke 0.9265 level strongly and closed the daily candlestick below it, to head towards achieving more expected decline in the upcoming sessions, on its way to visit 0.9200 initially.

Therefore, the bearish bias will be suggested for today, noting that breaching 0.9265 and holding above it again will reactivate the bullish trend scenario that its first target located at 0.9345.

The expected trading range for today is between 0.9180 support and 0.9265 resistance.

The expected trend for today: Bearish

The NZDUSD pair trades with clear positivity since yesterday, starting today with additional rise to approach 0.6990 level, which hints heading to turn to rise, especially with the formation of double bottom pattern that its signs appear on the chart, which will be completed by breaching the mentioned level.

Therefore, we expect to witness more rise in the upcoming sessions, which targets visiting 0.7080 areas mainly, noting that failing to achieve the required breach will press on the price to resume the bearish track again.

The expected trading range for today is between 0.6945 support and 0.7050 resistance

The expected trend for today: Bullish

The AUDUSD pair managed to breach 0.7360 level and hold above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, approaching our waited target at 0.7405, and the chances valid to surpass this level and head towards the recently recorded high at 0.7478.

Therefore, the bullish bias will remain expected on the intraday basis, noting that holding above 0.7360 represents the first condition to continue the expected bullish wave.

The expected trading range for today is between 0.7350 support and 0.7440 resistance

The expected trend for today: Bullish

Brent oil price decline stopped near 82.00$ barrier, and bounced upwards clearly to breach the minor bearish channel’s resistance that appears on the chart, which forms bullish flag pattern, considered as a positive motive that we expect to push the price to resume the main bullish trend, on its way to achieve positive targets that start at 84.20 followed by 85.15.

Therefore, the bullish trend will be expected for today, and consolidating above 83.15 represents the first condition to continue the suggested rise, as breaking it might press on the price to visit 81.85 areas again before determining the next destination clearly.

The expected trading range for today is between 82.00 support and 85.00 resistance.

The expected trend for today: Bullish