The pair fluctuates in sideways range since touching the upside channel’s resistance that appears in the image, and as we mentioned yesterday, the rules of trading inside the price channels hint to a waited bearish bounce that targets 101.10 initially, while breaking this level will lead to 99.50

Breaching above 102.90 will push the price to resume the short term bullish trend.

Expected trading range for today is between 101.00 support and 102.90 resistance.

Expected trend for today: Bearish

The pair attempted to breach 1.5270 without settling for long time above it, as there’s negative pressure coming from the EMA50, which allows us to suggest negative trading for today, with targets starting by attacking 1.5190 level, which a break for it represents the key for heading towards 1.5035 then further towards 1.4820

The expected bearish trend remains valid unless 1.5270-1.5340 were breached.

Expected trading range for today is between: 1.5070 support and 1.5360 resistance.

Expected trend for today: Bearish

The pair showed some slight positive trading yesterday without settling above 1.2900, to turn back and resume the bearish bias which is supported by the negative signal coming from stochastic.

Therefore, the bearish trend remains valid and expected for today, supported by the EMA50, waiting for our main target at 1.2725, while this decline remains valid unless 1.2970 was breached.

Expected trading range for today is between: 1.2725 support and 1.2970 resistance.

Expected trend for today: Bearish

The pair is breaking below 0.8173, and as we mentioned this morning, this break will open the gate towards continuing the bearish trend that was begun in the beginning of this month.

Therefore, the bearish trend will be preferred for the rest of today’s trading, unless the price returned to settle above the mentioned level, and then attempting to test the resistance barrier that located at 0.8270

Expected trading range for today is between: 0.8050 support and 0.8360 resistance.

Expected trend for today: Bearish