Credit bank reinforced its affection by the bullish bias domination by forming the double top pattern by surpassing the neckline at 11.95, to begin recording some of the extra positive targets by reaching 12.55.

The stability of the current support and the continuation of providing positive momentum by the main indicators, so that makes us wait for recording new targets that might extend to 12.75 and 13.15.

The expected trading range for today is between 11.95 and 12.75

The expected trend for today: Bullish

The CHFJPY pair provides several negative closes below the bearish channel’s resistance at 1.4685 level, to confirm its surrender to the bearish bias domination, and the price fluctuation below 50% Fibonacci correction level at 1.4590 will increase the chances for reaching the negative targets at 1.4495 and 1.4435.

And stochastic reach to the oversold level increases the negative pressures provides a new negative momentum, to confirm its readiness to record the mentioned negative targets.

The expected trading range for today is between 1.4590 and 1.4500

The expected trend for today: Bearish

Bitcoin price ended yesterday’s trading below 9255.00, to support the continuation of our bearish trend expectations, and it needs to break the intraday support line that appears on the chart to open the way to rally towards our negative targets that begin at 8880.00 followed by 8510.00.

Stochastic loses its positive momentum to support the expectations to decline, noting that breaching 9255.00 might push the price to start recovery attempts that target testing 9720.00 areas before any new attempts to decline.

The expected trading range for today is between 8800.00 support and 9400.00 resistance

The expected trend for today: Bearish

The USDCHF pair provided positive trades yesterday to reach the thresholds of the sideways range resistance at 0.9990, accompanied by stochastic reach to the overbought areas, to support the chances of a potential bearish rebound to visit the mentioned range’s support line at 0.9836 in the upcoming sessions.

Therefore, the sideways range will remain dominant on the intraday trades until breaching one of the above mentioned levels, reminding you that breaching the resistance will push the price to achieve additional gains that reach 1.0070, while breaking the support will put the price under negative pressure that its next target reaches 0.9712.

The expected trading range for today is between 0.9880 support and 1.0000 resistance.

The expected trend for today: Sideways