The pair shows sideways trading with slight bearish bias, while the stability below the bullish channel’s resistance represents the main factor that makes us keep our intraday bearish trend expectations, where our targets begin by testing the EMA50 at 101.65, and extend towards 99.50

Breaching 103.20 and holding with a daily close above it will stop the potential negativity.

Expected trading range for today is between 101.50 support and 103.35 resistance.

Expected trend for today: Bearish

The pair provided positive trading yesterday to test the EMA50 which represents a resistance now at 1.5285, and as long as the price is below this level, the chances will remain valid for the bearish trend return again, and the next condition represented by breaking below 1.5190.

Stochastic shows clear negative signals that supports these expectations, which are targeting initially visiting the psychological barrier at 1.5000

Expected trading range for today is between: 1.5035 support and 1.5325 resistance.

Expected trend for today: Bearish

The pair fluctuates in tight range since yesterday, making some attempts to test 1.2900 but it still below this level, and that allows us to keep our expectations of the bearish trend which is mainly targeting 1.2725.

Stochastic and the EMA50 are supporting our scenario which remains valid conditioned by the stability below 1.2970.

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

Expected trend for today: Bearish

The pair approached from retesting 0.8160 level as was suggested this morning, and as long as the price is below this level, the bearish trend scenario remains valid and active, reminding you that breaking below 0.8060 will provide strong motive that supports the waited targets which are initially at 0.7920

Expected trading range for today is between: 0.7980 support and 0.8210 resistance.

Expected trend for today: Bearish