The USDCHF pair managed to achieve our first target at 0.9140 and settles there, waiting to break this level to confirm extending the bearish wave towards 0.9060, to continue suggesting the bearish trend that gets continuous support by the EMA50 unless breaching 0.9200 and holding above it.
The expected trading range for today is between 0.9100 support and 0.9200 resistance.
The expected trend for today: Bearish
The NZDUSD pair rallied bullishly to succeed breaching 0.6830 level and hold above it, reinforcing the expectations of continuing the bullish trend efficiently in the upcoming sessions, opening the way to head towards 0.6895 as a next main target.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 0.6770.
The expected trading range for today is between 0.6800 support and 0.6895 resistance
The expected trend for today: Bullish
The AUDUSD pair managed to reach our waited target at 0.7275 and settles there, waiting to breach this level to confirm extending the bullish wave inside the bullish channel that targets 0.7340 as a next station.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.7205 and holding below it.
The expected trading range for today is between 0.7205 support and 0.7320 resistance
The expected trend for today: Bullish
Brent oil price resumes its positive trades to move above 79.00 barrier, which supports the expectaitons of continuing the bullish trend, which targets testing 80.80 level, noting that breaching this level will extend the bullish wave to reach 82.40 as a next main station.
The EMA50 continues to support the expected rise, which will remain valid conditioned by the price stability above 77.70.
The expected trading range for today is between 78.00 support and 81.00 resistance.
The expected trend for today: Bullish