Gold price shows slight bearish bias to attempt to move away from 2746.00$ level, waiting to get negative motive that pushes the price to achieve our first expected target at 2718.80$, noting that breaking it will push the price to achieve additional bearish correction that its next target reaches 2697.00$ as a next negative station, reminding you that the continuation of the bearish wave depends on the price stability below 2746.00$.
The expected trading range for today is between 2715.00$ support and 2750.00$ resistance.
Trend forecast: Bearish
The GBPUSD price tested 1.3000$ level and kept its stability below it, to keep the bearish trend scenario valid and active unless breaching the mentioned level and holding above it, waiting to resume the bearish correction that targets 1.2866$ initially, reminding you that breaking it will push the price towards 1.2735$ as a next correctional target.
The expected trading range for today is between 1.2900$ support and 1.3040$ resistance
Trend forecast: Bearish
The EURUSD price crawls upwards in attempt to reach our first waited target at 1.0930$, motivated by stochastic positivity that appears on the four hours’ time frame, waiting for more rise to surpass the mentioned level and visit 1.0985$ as a next main target, reminding you that the continuation of the bullish wave depends on the price stability above 1.0865$.
The expected trading range for today is between 1.0810$ support and 1.0970$ resistance
Trend forecast: Bullish
The GBPCHF price failed to resume the bullish attack due to the lack of the positive momentum, to notice its fluctuation below 1.1290 barrier recently, suffering some losses by approaching the additional support at 1.1195.
The stability of the additional support line allows us to wait to gather the positive momentum to manage to renew the bullish attempts and ease the mission of surpassing 1.1295 barrier, to open the way to target new positive stations that might start at 1.1340 and 1.1380.
The expected trading range for today is between 1.1210 and 1.1340
Trend forecast: Bullish