Gold price provided strong positive trades today but it declines again to attempt to move below 1498.00, which makes us continue with our neutrality until the price confirms the next destination clearly, waiting to confirm the stability above the mentioned level or breaking it to trade below it again.

Note that the details of the expected targets of the upcoming period are explained in our previous report.

The EURUSD pair showed mixed trades today after the ECB rate decision, and it attempted to break 1.1005 but it returns to rise and approach our waited positive target at 1.1095, to keep the bullish trend suggested conditioned by the price stability above 1.1005, noting that breaching the targeted level will extend the bullish wave to reach 1.1180 as a next main station.

The NZDUSD pair shows slight bearish bias now, as long as the price is above 0.6390,so our bullish trend expectations will remain valid for today, supported by the EMA50, remdining you that our next main target at 0.6470.

The expected trading range for today is between 0.6390 support and 0.6490

The expected trend for today: Bullish

The AUDUSD pair made attempts to breach the bearish channel’s resistance, and the price needs to get a daily close above 0.6885 to confirm the continuation of the bullish trend then head towards  as a next positive station.

Until now, our neutral attitude will remain valid until confirming breaching the mentioned resistance or breaking the support at 0.6830 to detect ist next trend clearly.

The expected trading range for today is between 0.6830 support and 0.6920

The expected trend for today: Neutral