USDCHF Price Analysis

Expected Scenario

• The USDCHF pair rallied strongly after completing the bullish flag pattern, reaching 0.9150 areas.
• Expectations favor continuing the main bullish trend within the bullish channel on the chart, with the next target at 0.9200.

Expected Outcome

The EMA50 continues to support the expected bullish wave. Breaking 0.9090 will halt the suggested rise, leading to a test of the bullish channel’s support line around 0.8990 before any new positive attempt.

Expected Trading Range

Between 0.9050 support and 0.9210 resistance.

NZDUSD Price Analysis

Expected Scenario

• The NZDUSD price traded with strong negativity, breaking the 0.6000$ level and settling below it.
• It is expected to fall under continued negative pressure, targeting 0.5915$ as the next negative target.

Expected Outcome

The continuation of the expected decline is supported by moving below the EMA50, valid unless breaching 0.6000$ and holding above it.

Expected Trading Range

Between 0.5920$ support and 0.6025$ resistance.

AUDUSD Price Analysis

Expected Scenario

• The AUDUSD price sharply bounced downwards after failing to breach the 0.6640$ level.
• It broke the 0.6570$ level and reached 0.6500$ areas, indicating an expected decline in the upcoming sessions.

Expected Outcome

The bearish bias is suggested, with a potential move towards the 0.6410$ level if the 0.6500$ level is breached.

Breaking above 0.6570$ will halt the negative scenario and lead to a potential recovery.

Expected Trading Range

Between 0.6460$ support and 0.6565$ resistance.

Brent Oil Price Analysis

Expected Scenario

• The Brent oil price rallied strongly, breaching the 90.95$ level and settling above it.
• This action stops the previously suggested negative scenario and resumes the main bullish trend within the bullish channel.

Expected Outcome

The expected outcome is for the bullish trend to continue, targeting 92.30$ followed by 93.45$ levels as next main stations.

Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise.

Expected Trading Range

Between 90.00$ support and 92.80$ resistance.