The pair managed to retrieve its bearish bias after the steadiness of 0.9400 against the price’s attempts to rise, and the trading below the EMA50 reinforces these expectations, while Stochastic provides clear negative signals that support the suggested decline.

Our main targets begin by surpassing 0.9275 to reach 0.9200; reminding you that holding below 0.9400 is important to keep the chances of achieving these targets.

Expected trading range for today is between: 0.925 support and 0.9400 resistance.

Expected trend for today: Bearish

The pair’s decline stopped exactly at 0.8360 to begin today with clear bullish bias that breaches through it the EMA50, opening the way towards more intraday rise, and the target is retesting the previously broken bullish channel’s support which turns into resistance now at 0.8585

Thus, the bullish trend will be preferred on the intraday basis supported by Stochastic, and the main condition to achieve it is holding above 0.8360

Expected trading range for today is between: 0.8360 support and 0.8600 resistance.

Expected trend for today: Bullish

The pair opens today’s trading clearly positive surpassing 1.0200 approaching from our main support which is located at the retest level 1.0290, to continue in preferring the intraday bullish trend for today, supported by Stochastic positivity on the daily time frame.

Breaching above 1.0290 will confirm the continuation of the bullish trend on the short term basis, while breaking below 1.0145 will stop these expectations.

Expected trading range for today is between: 1.0145 support and 1.0380 resistance.

Expected trend for today: Bullish

Crude oil price is approaching from the waited to be breached critical resistance at 97.10, where we mentioned in our last reports that surpassing this level is important to open the way towards achieving more gains, which reach initially at the psychological barrier 100.00 per barrel.

Stochastic negativity might make achieving the breach difficult, while the bullish trend remains valid unless 94.65 was broken to the downside.

Expected trading range for today is between: 94.65 support and 98.65 resistance.

Expected trend for today: Bullish