The pair approached from the EMA50 as was expected yesterday, and the trading bounces higher which allows the price to resume the expected rise on the intraday basis, waiting for targets that surpass 99.70 reaching initially towards 101.00

Stochastic supports these expectations, which remain valid conditioned by the stability above 98.60

Expected trading range for today is between 98.60 support and 101.00 resistance.

Expected trend for today: Bullish

The pair made an attempt to break below 1.5485 achieving a daily close with few points below this level, which makes us prefer witnessing more downside moves today, supported by the stability below the EMA50.

The main waited targets located at 1.5340, while breaching above 1.5500 will push the price to retest the bullish channel’s resistance around 1.5655

Expected trading range for today is between: 1.5340 support and 1.5595 resistance.

Expected trend for today: Bearish

The pair continues its maneuvers around the EMA50, and couldn’t manage to settle above it yesterday, keeping our neutral attitude valid until now, waiting for surpassing one of the critical levels between 1.3000 support and 1.3145 resistance.

Stochastic enters the oversold levels providing some chances to achieve an intraday positivity.

Expected trading range for today is between: 1.2960 support and 1.32450 resistance.

Expected trend for today: Neutral

The pair shows bearish bias which makes us stay aside now, where the price is threatening the critical support level 0.8455, which represents the neckline of the double top pattern that has the ability to push the price towards more downside track.

Now, we need to monitor the price behavior according to the critical levels between 0.8455 and 0.8580 resistance.

Expected trading range for today is between: 0.8455 support and 0.8675 resistance.

Expected trend for today: Neutral