The USDCHF pair provided positive trading yesterday to test 1.0000 level and settles around it, and as long as the price is below this level, our bearish overview will remain valid, noting that our next target is located at 0.9900, while breaching 1.0000 followed by 1.0055 levels represent the key to regain the main bullish trend again.

Expected trading range for today is between 0.9920 support and 1.0055 resistance.

Expected trend for today: Bearish

The NZDUSD pair managed to break 0.6934 level and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently for the upcoming period, opening the way to head towards our next target at 0.6779.

The EMA50 keeps supporting the suggested bearish wave, noting that holding below 0.6934 represents initial condition to continue the expected decline.

Expected trading range for today is between 0.6820 support and 0.6960

Expected trend for today: Bearish

The AUDUSD pair bounced bearishly after testing 0.7566 level, which supports the continuation of our bearish overview for the upcoming period, waiting to break 0.7507 level to confirm opening the way to head towards 0.7370 that represents our next main target.

Thus, we will continue to suggest the bearish trend on the intraday and short term basis unless breaching 0.7566 and holding above it.

Expected trading range for today is between 0.7450 support and 0.7600

Expected trend for today: Bearish

Brent oil price rallied upwards yesterday to approach our waited target at 79.45, reinforcing our expectations of achieving more gains in the upcoming period, noting that breaching the mentioned level will extend the bullish wave to reach 80.65.

Stochastic current negativity might force the price to provide some temporary sidways trading before resuming the expected rise, which its continuation conditions holding above 76.95.

Expected trading range for today is between 77.50 support and 80.65 resistance.

Expected trend for today: Bullish