The USDCHF pair traded with clear negativity yesterday to break 0.9892 level and settles below it, which stops the recently suggested positive scenario and put the price within the correctional bearish track again, noting that there is a bearish pattern that its signs appear on the chart, which means that breaking its neckline at 0.9840 will extend the pair's losses to surpass 0.9800 and reach 0.9730 as a next station.
Therefore, we expect the domination of the bearish trend in the upcoming sessions unless the price managed to breach 0.9892 level and hold with a daily close above it.
Expected trading range for today is between 0.9770 support and 0.9900 resistance.
Expected trend for today: Bearish
The NZDUSD pair continues to fluctuate within sideways track, keeping its stability above 0.6964 level, thus, no change to the bullish trend expectations that depend on holding above the mentioned level, waiting to visit 0.7077 level as a next station.
Note that breaking the mentioned level will extend the correctional bullish wave to reach 0.7170, while breaking 0.6964 will push the price to return to the main bearish track again.
Expected trading range for today is between 0.6960 support and 0.7100
Expected trend for today: Bullish
The AUDUSD pair shows sideways trades in the previous sessions, and it's still stable above the key support 0.7633, which keeps the bullish trend scenario valid until now, supported by the EMA50 that supports the price from below.
Our next target is located at 0.7727, which breaching it represents the key to extend the bullish wave towards 0.7820, while we should note that breaking 0.7633 will stop the expected rise and push the price to return to decline again.
Expected trading range for today is between 0.7600 support and 0.7750
Expected trend for today: Bullish
Brent oil price continues to fluctuate within sideways track, confined between the key levels represented by 62.90 support and 63.90 resistance, and we still waiting to breach one of these levels to detect the next destination clearly, which makes us continue with our neutrality until now.
We remind you that breaching the mentioned resistance will push the price to resume the main bullish trend that its next main target reaches 66.70, while breaking the support will push the price to visit 60.00 areas before any new attempt to resume the main bullish trend.
Expected trading range for today is between 62.00 support and 64.90 resistance.
Expected trend for today: Depends on the above mentioned levels