The USDCHF pair crawls downwards to approach 0.9135 level, waiting for more decline to break this level and confirm the continuation of the negative scenario for the upcoming period, which dependso on the price stability below 0.9200, while its next main target located at 0.9060.

The expected trading range for today is between 0.9100 support and 0.9200 resistance.

The expected trend for today: Bearish

The NZDUSD pair bounced bearishly after approaching 0.6820 level, to keep the bearish trend scenario valid on the intraday basis, which targets 0.6700 mainly, noting that breaching 0.6820 will stop the expected decline and lead the price to turn to rise.

The expected trading range for today is between 0.6710 support and 0.6800 resistance

The expected trend for today: Bearish

The AUDUSD pair faces contradicted factors, as it settles above 0.7205 and gets positive support by the EMA50, while stochastic shows negative signals that might press on the price to decline again.

Therefore, we prefer to stay aside until we get clearer signal for the next trend, noting that breaking 0.7205 will reactivate the main bearish trend scenario that its next target located at 0.7125, while breaching 0.7275 resistance represents the key to achieve additional gains that reach 0.7340.

The expected trading range for today is between 0.7180 support and 0.7275 resistance

The expected trend for today: Neutral

Brent oil price opens today positively to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend, which its next main target located at 88.80.

The bullish channel continues to organize the expected bullish wave, which will remain valid and active conditioned by the price stability above 86.35 and the most important above 85.80.

The expected trading range for today is between 86.35 support and 89.20 resistance.

The expected trend for today: Bullish