The USDCHF pair resumes its negative trading to move away from the broken neckline of the double top pattern, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, approaching the first waited target at 0.8810, noting that we suggest surpassing this level to open the way to visit 0.8710 as a next negative target.

Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.8888.

The expected trading range for today is between 0.8760 support and 0.8900 resistance.

The expected trend for today: Bearish

The NZDUSD pair leaned on the EMA50 and bounced upwards strongly to start attacking the key resistance 0.6020, to hint heading to achieve expected additional rises in the upcoming sessions, targeting visiting 0.6090 followed by 0.6140 levels as next positive stations.

Therefore, we expect to witness more bullish bias on the intraday basis, noting that failing to surpass 0.6020 will push the price to turn to decline and head towards 0.5900 mainly.

The expected trading range for today is between 0.5980 support and 0.6080 resistance

The expected trend for today: Bullish

The AUDUSD pair bounced upwards clearly after the EMA50 formed good support against the price, to start testing the key resistance 0.6545, and we suggest breaching this level and open the way to achieve more gains in the upcoming sessions, to head towards visiting 0.6605 followed by 0.6660 levels as next positive targets.

Therefore, the bullish bias will be expected on the intraday basis, taking into consideration that the consolidation of 0.6545 level against the current rise will stop the positive scenario and push the price to decline again.

The expected trading range for today is between 0.6500 support and 0.6600 resistance

The expected trend for today: Bullish

Brent oil price rallied upwards sharply in the previous sessions to breach 81.00 level and settles above it, starting today with more rise to move away from this level and confirm the continuation of the bullish trend domination on the intraday basis, paving the way to achieve additional gains that start at 82.25 and extend to 83.87.

Therefore, we expect to witness more bullish bias in the upcoming sessions unless breaking 81.00 and holding below it.

The expected trading range for today is between 80.20 support and 83.30 resistance.

The expected trend for today: Bullish