Gold price faces solid resistance at the intraday bearish trend line that appears on the chart, and the price needs to surpass this resistance at 2665.00$ to confirm the continuation of the expected bullish trend for today, which its next targets located at 2676.50$ followed by 2710.00$, reminding you that breaking 2635.05$ will put the price under correctional bearish pressure to turn to decline on the intraday basis.
The expected trading range for today is between 2650.00$ support and 2685.00$ resistance.
Trend forecast: Bullish
The GBPUSD price trades with clear positivity to test the key resistance 1.3165$, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active for today, as breaching it will push the price to achieve additional gains that reach 1.3215$ followed by 1.3266$, while the price needs to break 1.3100$ to confirm resuming the bearish wave that its next main targets located at 1.3060$ followed by 1.3000$.
The expected trading range for today is between 1.3050$ support and 1.3200$ resistance.
Trend forecast: Bearish
The EURUSD price didn’t show any strong move since morning, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 1.1040$, supported by the negative overlapping signal provided by stochastic now, reminding you that our waited targets start at 1.0990$ followed by 1.0940$.
The expected trading range for today is between 1.0940$ support and 1.1100$ resistance.
Trend forecast: Bearish
Ethereum price (ETHUSD) provided additional negative trades yesterday to reach 2300.00$ barrier, noticing that the price begins today positively, affected by stochastic positivity, waiting to get negative motive that assist to push the price to resume the expected bearish trend for the upcoming period, which its next targets located at 2260.00$ followed by 2168.74$.
On the other hand, we should note that the continuation of the rise and breaching 2440.00$ will stop the suggested bearish wave and lead the price to turn to rise.
The expected trading range for today is between 2250.00$ support and 2460.00$ resistance.
Trend forecast: Bearish