The pair moves in sideways track since last week, and remains stable below the bullish channel’s resistance, while the EMA50 continues in the attempts to prevent the price from achieving more decline.

In general, we are continuing in preferring the intraday bearish trend, supported by the bearish trend that provided by Stochastic, and the targets begin by surpassing 101.80 followed by 101.25 to open the way initially towards 100.00, while achieving these targets requires holding below 103.30

Expected trading range for today is between 101.25 support and 103.35 resistance.

Expected trend for today: Bearish

The pair kept the daily close stability below 1.5190, to keep our bearish trend scenario active for today, waiting for targets that begin near the psychological barrier 1.5000

Stochastic positivity might cause some sideways fluctuation, while the EMA50 supports our bearish trend expectations, which remain valid by holding below 1.5190 – 1.5260

Expected trading range for today is between: 1.5000 support and 1.5260 resistance.

Expected trend for today: Bearish

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