Gold price shows sideways trades now, settling around 2650.00$, waiting to resume the expected bearish wave for today, which targets 2629.00$ mainly.
Stochastic continues to provide the negative signals that support the expected decline, which will remain valid unless breaching 2670.00$ and holding above it.
The expected trading range for today is between 2635.00$ support and 2670.00$ resistance.
Trend forecast: Bearish
The GBPUSD price trades positively now to move away from 1.3266$ level, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting to test 1.3328$ initially, which breaching it represents the key to rally towards 1.3390$ followed by 1.3429$ as next main stations, reminding you that the continuation of the bullish wave depends on the price stability above 1.3266$.
The expected trading range for today is between 1.3210$ support and 1.3370$ resistance.
Trend forecast: Bullish
The EURUSD price shows positive trades and attempts to resume the expected bullish wave for today, motivated by stochastic positivity, and as long as the price is above 1.1040$, the bullish trend scenario will remain active for the upcoming sessions, reminding you that our waited targets begin at 1.1100$ and extend to 1.1200$ after surpassing the previous level.
The expected trading range for today is between 1.1000$ support and 1.1160$ resistance.
Trend forecast: Bullish
The GBPCAD price failed to confirm breaching the bullish channel’s resistance line at 1.8080, to activate the correctional bearish track and suffer clear losses by crawling towards 1.7900 as appears on the chart.
We expect to form additional barrier at 1.7985 against the correctional trades, in addition to stochastic approach to 20, to expect suffering additional losses by moving towards 1.7850 followed by reaching the additional support at 1.7820, followed by monitoring its behavior to manage to confirm the next expected trend.
The expected trading range for today is between 1.7850 and 1.7950
Trend forecast: Bearish