Gold price shows more bullish bias to approach recording new historical highs, getting positive momentum that assist to push the price to continue the rise within the intraday bullish channel that appears on the chart.
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The USDCAD price broke 1.4268$ level clearly and ended yesterday below it, to reinforce the expectations of continuing the domination of the bearish correction on the intraday and short-term basis, and the way is open to achieve our waited target at 1.4106$.
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The USDJPY price bounced downwards strongly after failing to surpass 154.96 level, to break 153.75 and reach 152.55 direct, to fall under the correctional bearish pressure again and head towards achieving more expected decline in the upcoming sessions.
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The GBPUSD price rallied upwards clearly to surpass 1.2500$ barrier and approach the waited target at 1.2605$, getting continuous positive support by the EMA50, which reinforces the chances of achieving more expected rise in the upcoming sessions.
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