The pair provided positive trading with today’s opening, fluctuating now around the EMA50, while the stability below 1.2970 remains the main factor that keeps the intraday bearish trend expectations valid.

Stochastic reaches the overbought areas to support the waited decline, and we still waiting for testing the main level at 1.2725, pointing that breaching above 1.2970 will push the price to visit levels that begin at 1.3040 followed by 1.3145

Expected trading range for today is between: 1.2800 support and 1.3040 resistance.

Expected trend for today: Bearish

The pair makes tests for the morning mentioned levels between 0.8210 and 0.8160, and still didn’t confirm surpassing one of them yet, which makes us wait for clearer confirmation signals for the trend, where breaking below the support level 0.8160 will return the negative pressure which started after breaking the main bullish channel’s support that appears in the image, while breaching above 0.8210 will open the way to a potential retest for 0.8360

Expected trading range for today is between: 0.8060 support and 0.8310 resistance.

Expected trend for today: Depends on the abovementioned levels

The pair shows bearish bias since morning, trading again below 0.9800, to support our bearish trend expectations, which remain valid and active generally unless breaching above 0.9930

Breaking below 0.9750 will provide negative motive that supports the negative scenario.

Expected trading range for today is between: 0.9600 support and 0.9930 resistance.

Expected trend for today: Bearish

Crude oil price is affected by Stochastic negativity to be trading now below 96.80, where we mentioned this morning that breaking below this level will stop the potential positive expectations.

Until now, we are keeping our expectations that issued in our morning report valid as it is unless witnessing daily close below 96.80.

Expected trading range for today is between: 95.00 support and 95.00 resistance.

Expected trend for today: Bullish