The USDCHF price approached the key support 0.8543 again and returns to provide calm positive trades, to keep the bullish trend scenario valid and active for the upcoming period, waiting to surpass 0.8600 to head towards 0.8673 as a next main station.

The EMA50 supports the suggested bullish wave, which will remain valid unless breaking 0.8543 and holding below it.

The expected trading range for today is between 0.8520 support and 0.8650 resistance.

Trend forecast: Bullish

The NZDUSD price fluctuates around 0.6100$ level, waiting to resume the bullish wave that its first target located at 0.6140$, reminding you that breaching this level will extend the bullish wave to reach 0.6228$ as a next main station.

Holding above 0.6070$ is important to the continuation of the expected bullish trend, as breaking it will push the price to return to the bearish track and achieve negative targets that reach 0.6000$.

The expected trading range for today is between 0.6060$ support and 0.6160$ resistance

Trend forecast: Bullish

The AUDUSD price begins today negatively to move below 0.6744$ level, affected by stochastic negativity that might push the price for more decline, but we notice that the price attempts to recover and provide positive trades, which makes us prefer to stay aside until the price confirms its situation according to the mentioned level followed by detecting its next destination clearly.

Note that settling below 0.6744$ will push the price to provide negative trades that target testing 0.6697$ initially, while breaching it and holding above it will lead the price to achieve gains that start at 0.6780$.

The expected trading range for today is between 0.6700$ support and 0.6800$ resistance

Trend forecast: Neutral

Brent oil price begins today with clear negativity, as it showed bearish gap to trade below 78.66$, but we notice that the price leans on the intraday bullish trend line that appears on the chart and attempts to recover now, which encourages us to suggest the rise in the upcoming sessions to head towards achieving gains that start at 80.00$ and extend to 81.61$.

Therefore, the bullish bias will be expected for today, supported by the EMA50 that carries the price from below, noting that breaking 77.80$ followed by 76.84$ levels will stop the bullish trend and push the price to turn to decline.

The expected trading range for today is between 77.20$ support and 80.20$ resistance.

Trend forecast: Bullish