The USDCHF pair traded with clear negativity yesterday to approach our waited target at 0.9418, to keep the bullish trend scenario active until now, being away that it is important to monitor the price behavior when touching the mentioned level, as breaching it will push the price to extend its gains and head towards 0.9530 as a next station, while its stability will push the price to decline again.

We should note that breaking 0.9285 will stop the expected rise and push the price to resume its main bearish track again.

Expected trading range for today is between 0.9285 support and 0.9418 resistance.

Expected trend for today: Bullish

The NZDUSD pair tested the EMA50 that forms solid resistance that pushes to provide some negative trades now, affected by stochastic current negativity, which might push the price to test the key support 0.7260 again before turning back to rise.

In general, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 0.7260 level, reminding you that breaching 0.7374 will open the way to head towards our next target that reaches 0.7558.

Expected trading range for today is between 0.7240 support and 0.7374

Expected trend for today: Overall Bullish

The AUDUSD pair tested 0.7900 barrier yesterday and begins to rebound bearishly from there, accompanied by stochastic approach to provide negative overlapping signal on the four hours’ time frame, which forms negative motive that we are waiting to push the price to resume the bearish bias that its targets begin by breaking 0.7820 level to confirm extending the bearish wave towards 0.7726.

Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 0.7936 level and holding above it.

Expected trading range for today is between 0.7790 support and 0.7937

Expected trend for today: Bearish

Brent oil price fluctuates around 67.80 level that represents the previously broken 38.2% Fibonacci correction level, and the price continues to move inside the minor bearish channel that appears on the chart, noticing that stochastic loses its positive momentum gradually.

Therefore, we believe that the chances are valid to continue the bearish bias in the upcoming sessions, noting that breaking 67.30 will confirm opening the way to head towards 66.54 followed by 65.40 levels as next main stations, while breaching 69.08 represents positive factor that will push the price to resume the main bullish trend again.

Expected trading range for today is between 65.40 support and 69.00 resistance.

Expected trend for today: Bearish