The USDCHF pair returns to rise after the temporary decline that it witnessed in the previous sessions, getting good support by the EMA50, waiting for more positive trades that target 0.9494 as a next main station.

Therefore, we will keep our bullish overview unless breaking 0.9375 and holding below it.

The expected trading range for today is between 0.9350 support and 0.9470 resistance.

The expected trend for today: Bullish

The NZDUSD pair keeps its stability below 0.7000, and stochastic provides negative signals that we are waiting to push the price to resume the bearish trend, to keep the negative scenario active for the upcoming period, which target 0.6895 as a next station.

We remind you that the continuation of the bearish wave depends on the price stability below 0.7000.

The expected trading range for today is between 0.6910 support and 0.7040 resistance

The expected trend for today: Bearish

The AUDUSD pair shows bullish bias to surpass 0.7615 level, but it faces resistance formed by the broken support line that appears on the chart, accompanied by witnessing negative signals provided by stochastic now, while the EMA50 continues to press negatively on the price.

Therefore, these factors encourage us to continue suggesting the bearish trend for the upcoming period, which its next target located at 0.7500, noting that breaching 0.7650 will push the price to achieve additional gains that reach 0.7765.

The expected trading range for today is between 0.7560 support and 0.7670 resistance

The expected trend for today: Bearish

Brent oil price shows clear negative trades now after the strong bullish rally that it witnessed in the previous sessions, and attempts to return to the intraday bearish channel, affected by stochastic negativity, to head towards potential return to the correctional bearish scenario, but it needs to break 63.70 followed by 62.94 levels to confirm the continuation of the decline, as consolidating above the first level represents the key to resume the main bullish track.

Therefore, we prefer to stay neutral until we get clearer signal for the next trend, noting that breaking 63.70 followed by 62.94 levels will press on the price to continue the decline and head towards 60.40 followed by 57.75 levels as main negative stations, while breaching 64.85 represents positive factor that will lead the price to regain the main bullish trend and achieve gains that start at 66.40.

The expected trading range for today is between 62.00 support and 65.20 resistance.

The expected trend for today: Neutral