The USDCHF pair shows sideways trading around the EMA50, noticing that the EMA50 shows clear negative signals on the four hours’ time frame, while the price settles below the intraday bullish channel’s support line that appears on the chart.

Therefore, we will continue to suggest the bearish trend in the upcoming period conditioned by the price stability below 0.9440 level, noting that breaking 0.9373 is required to confirm the extension of the bearish wave towards 0.9186.

Expected trading range for today is between 0.9300 support and 0.9460 resistance.

Expected trend for today: Bearish

The NZDUSD pair’s recent trades are confined within bearish pennant pattern that its signs appear on the chart, which means that breaking 0.7215 will motivate the price to continue the correctional bearish trend and break 0.7185 level to push trading towards 0.7107 as a next main station.

The EMA50 forms continuous negative pressure against the price, while stochastic loses its bullish momentum clearly, thus, we believe that the chances are valid to resume the bearish trend in the upcoming sessions, reminding you that holding below 0.7281 is important to achieve the suggested targets.

Expected trading range for today is between 0.7150 support and 0.7300

Expected trend for today: Bearish

The AUDUSD pair provides some positive trading to test the EMA50 now, accompanied by stochastic reach to the overbought areas now, forming negative factor that we are waiting to push the price to resume the bearish bias again, as the bearish trend still valid until now, depending on the stability below 0.7818 level.

our first target is represented by breaking 0.7743 level to confirm opening the way to head towards 0.7650, noting that breaching 0.7818 will turn the intraday and short term track to rise, to target areas that start at 0.7893 and extend to 0.7986.

Expected trading range for today is between 0.7700 support and 0.7850

Expected trend for today: Bearish

Brent oil price managed to breach 65.40 level and closed the daily candlestick above it, which adds more confirmation to the continuation of the bullish trend on the intraday and short term basis, waiting to visit 66.54 level as a next target, which breaching it represents the key to head towards 67.68 direct.

Therefore, we will continue to suggest the bullish trend for today unless breaking 65.40 followed by 64.00 levels and holding below them.

Expected trading range for today is between 64.00 support and 67.68 resistance.

Expected trend for today: Bullish