The USDCHF pair faced additional negative pressure to attack 0.9265 level, noticing that the price attempts to recover by today’s open, motivate by stochastic positivity, waiting to resume the bullish wave that its next main target located at 0.9345.

Therefore, we will keep our bullish overview for the upcoming period, noting that failing to consolidate above 0.9265 will press on the price to turn to decline.

The expected trading range for today is between 0.9230 support and 0.9310 resistance.

The expected trend for today: Bullish

The NZDUSD pair settles near 0.7050 and keeps its stability below it, falling under continuous negative pressure coming by the EMA50, waiting to motivate the price to resume the bearish trend that targets 0.6955 areas mainly.

We should note that breaching 0.7050 followed by 0.7090 levels will stop the expected decline and lead the price to regain the main bullish trend again.

The expected trading range for today is between 0.6970 support and 0.7070 resistance

The expected trend for today: Overall bearish

The AUDUSD pair continues to fluctuate near the key support 0.7260, settling below the bearish channel’s resistance that appears on the chart, waiting to break the key support to open the way to head towards our waited targets at 0.7200 followed by 0.7170.

The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 0.7315.

The expected trading range for today is between 0.7220 support and 0.7315 resistance

The expected trend for today: Bearish

Brent oil price’s decline stopped at 78.55 yesterday, to trade with strong positivity and attack 80.80 level by today’s open, which urges caution from the upcoming trading, as holding above this level will stop the correctional bearish scenario and lead the price to return to the main bullish track and achieve positive targets that start at 82.40 and extend to 85.80.

Therefore, we prefer to stay aside until the price confirms its situation according to 80.80 level, noting that trading below it again will reactive the bearish trend that its next main target located at 77.70.

The expected trading range for today is between 79.50 support and 82.50 resistance.

The expected trend for today: Neutral