The USDCHF pair fluctuates within sideways track, and it needs to get positive momentum that assist to push the price to continue the rise and achieve our main waited target at 0.8995, reminding you that breaching this level will push the price to 0.9050 as a next positive target.
In general, the bullish trend will remain suggested for the upcoming period conditioned by the price stability above 0.8890.
The expected trading range for today is between 0.8910 support and 0.9050 resistance.
The expected trend for today: Bullish
The NZDUSD pair fluctuates around the key support 0.5900 and consolidates above it, noticing that stochastic provides clear positive signals now, which supports the chances of building bullish wave on the intraday basis, to head towards visiting 0.6020 areas mainly.
Therefore, we expect to witness positive trades in the upcoming sessions, and breaching 0.5935 will ease the mission to achieve the expected rise, noting that breaking 0.5900 will stop the positive scenario and push the price to turn to decline.
The expected trading range for today is between 0.5870 support and 0.5970 resistance
The expected trend for today: Bullish
The AUDUSD pair moves inside intraday bullish channel that appears on the chart, noticing that stochastic got rid of its negative momentum and begins to overlap positively now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its next target located at 0.6345.
Therefore, our bullish overview will remain valid and active, supported by the EMA50, reminding you that it is important to hold above 0.6400 to continue the suggested rise.
The expected trading range for today is between 0.6400 support and 0.6500 resistance
The expected trend for today: Bullish
Brent oil price tested the bullish channel’s support line and bounced bullishly from there, to keep the bullish trend scenario valid and active on the intraday and short-term basis, waiting to test 95.40 level as a first station, noting that breaching this level will push the price towards our next main target at 96.80.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 93.70 and holding with a daily close below it.
The expected trading range for today is between 93.30 support and 96.30 resistance.
The expected trend for today: Bullish