The NZDUSD pair shows sideways and tight range trading since morning settled near the EMA50, where the price affected by stochastic positivity that decelerates the price mission to decline.
In general, we keep preferring the bearish trend on the intraday and short term basis unless breaching 0.7049 and holding above it, pointing that our main targets begin by breaking 0.6915 level to reinforce the expectations for heading towards 0.6780 as a next main station.
Expected trading range for today is between 0.6820 support and 0.7000
Expected trend for today: Bearish
Bitcoin price hovers near 900.00 level now keeping its stability below the critical resistance level at 924.50, to keep the negative pressure dominant on the upcoming trading, which targets 779.00 then 730.00 levels mainly, pointing that stochastic positivity explains the reasons for the current sideways fluctuation.
We remind you that the price needs to surpass the EMA50 that forms strong support at 857.00 to ease the price mission to head towards our suggested targets, pointing that holding below 924.50 represents an important condition for continuing the expected decline.
Expected trading range for today is between 779.00 support and 950.00 resistance
Expected trend for today: Bearish
The EURUSD pair pushes negatively on the critical support at 1.0519 now, which requires being aware in the upcoming trading, where breaking this level represents negative factor that will push the price to resume its decline on the short and medium term basis, then opening the way towards 1.0326 as a next main station.
In general, the positive scenario will remain valid until now unless confirming breaking 1.0519 level, reminding you that our next main target located at 1.0731.
Expected trading range for today is between 1.0435 support and 1.0650 resistance.
Expected trend for today: Bullish
The GBPCAD price formed clear negative attack to settle near the first target at 1.6260, which confirms its stability within the bearish channel levels, the stability of the moving average 55 near the main resistance of the bearish channel that located at 1.6800 increases the negative pressure, to support forming extra negative trading that allows it to record more of the targets by reaching 1.5930 and 1.5570.
The GBPCAD price gets its main momentum from stochastic stability within the oversold level, to increase the chances for surpassing the current level and begin to record the suggested targets.
Expected trading range for today is between 1.6430 and 1.5930
Expected trend for today: Bearish