The USDCHF pair finds difficulty to break 0.8968 level, to head towards retesting the broken neckline of the double top pattern that appears on the chart, noticing that stochastic shows clear overbought signals now, to support the chances of resuming the expected bearish trend for the upcoming period, which its targets begin by breaking the mentioned support to head towards 0.8889.

On the other hand, we should note that breaching 0.9020 will push the price to achieve more gains and test 0.9066 as a next positive station.

The expected trading range for today is between 0.8930 support and 0.9050 resistance.

The expected trend for today: Bearish

The NZDUSD pair approached the extended target at 0.6020 but it bounced bearishly to turn to decline on the intraday basis, on its way to visit 0.5900 support line in the upcoming sessions.

Therefore, we expect to witness more bearish bias in the upcoming sessions unless the price rallied to breach 0.602 and hold above it.

The expected trading range for today is between 0.5900 support and 0.6000 resistance

The expected trend for today: Bearish

The AUDUSD pair’s rise stopped at 0.6520 level, to start bouncing bearishly and head towards potential visit to 0.6400 areas, making the bearish bias suggested for today.

Note that the expected decline is temporary, waiting to resume the bullish wave again, while breaching 0.6545 will stop the suggested decline and push the price to achieve new gains that reach 0.6634 on the near term basis.

The expected trading range for today is between 0.6420 support and 0.6520 resistance

The expected trend for today: Bearish

Brent oil price resumed its negative trading to surpass 86.00 barrier and confirms the continuation of the bearish trend domination in the upcoming sessions, and the way is open to achieve our main negative target at 83.87.

Therefore, the bearish bias will remain valid on the intraday basis, organized inside the bearish channel that appears on the chart, reminding you that the continuation of the bearish wave depends on the price stability below 86.75.

The expected trading range for today is between 84.00 support and 86.90 resistance.

The expected trend for today: Bearish