Gold price keeps rising after confirming breaching 2640.00$, as it got positive motive after completing the double bottom pattern that its signs appear on the chart, on its way to test 2700.00$ that represents our next station.

Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 2640.00$ will stop the bullish trend and push the price to decline again.

The expected trading range for today is between 2650.00$ support and 2685.00$ resistance.

Trend forecast: Bullish

The USDCAD price shows bearish bias to approach the key support 1.4350$, and as we mentioned in our previous reports, the price needs to break this level to ease the mission of rallying towards our waited negative target at 1.4220$.

Therefore, the bearish trend scenario will remain valid for the upcoming period, supported by stochastic negativity, reminding you that holding below 1.4467$ is important to the continuation of the expected decline.

The expected trading range for today is between 1.4310$ support and 1.4435$ resistance

Trend forecast: Bearish

The USDJPY price provided negative trades yesterday to test the EMA50 that formed good support against the price, to return and trade near the key resistance 157.92, waiting to get negative motive that assist to push the price to break the minor support 156.65 and confirm opening the way to achieve our main expected target at 155.75.

Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 157.92 and hold above it.

The expected trading range for today is between 156.40 support and 158.10 resistance

Trend forecast: Bearish

The GBPUSD price traded with strong negativity yesterday to surpass our waited target at 1.2400$ and approach the second target at 1.2330$, and we expect the continuation of the bearish trend within the main bearish channel that appears on the chart to test the previously recorded low at 1.2300$ as a next main station.

Therefore, we are waiting for more expected decline on the intraday and short-term basis, noting that breaching 1.2470$ will push the price to achieve intraday gains and test 1.2566$ followed by 1.2605$ areas before any new attempt to decline.

The expected trading range for today is between 1.2300$ support and 1.2460$ resistance

Trend forecast: Bearish