Gold price shows some slight bullish bias, affected by stochastic positivity, and as long as the price is below 2483.40$, the bearish trend scenario will remain active for today, waiting to break 2450.00$ followed by 2435.00$ to confirm the continuation of the bearish bias and test 2408.00$ mainly.

On the other hand, we should note that breaching 2483.40$ will stop the expected decline to head towards achieving new historical highs.

The expected trading range for today is between 2430.00$ support and 2470.00$ resistance.

Trend forecast: Bearish

The GBPUSD price resumes its positive trading to approach 1.2870$ level, waiting to breach this level to confirm the continuation of the bullish wave and achieve our positive targets that start at 1.2940$ and extend to 1.3044$.

Therefore, we will continue to suggest the bullish trend for today unless breaking 1.2825$ and holding below it.

The expected trading range for today is between 1.2750$ support and 1.2910$ resistance.

Trend forecast: Bullish

The EURUSD price settles around 1.1000$ barrier, waiting to get negative motive that push the price to resume the expected bearish trend on the intraday basis, which targets 1.0820$ as a next main station.

The price needs to break 1.0990$ to confirm rallying towards the suggested target, reminding you that the continuation of the bearish wave depends on the price stability below 1.1035$.

The expected trading range for today is between 1.0920$ support and 1.1070$ resistance.

Trend forecast: Bearish

The EURCHF price formed many correctional bullish trades recently, to surpass 0.9490 barrier and notice achieving additional gains by reaching 0.9542.

Despite the contradiction between the major indicators, the frequent stability above 0.9490 that forms additional support now against the bullish trades will increase the chances of recording new gains that might start at 0.9575 and 0.9610.

The expected trading range for today is between 0.9510 and 0.9575

Trend forecast: Bullish