Gold price trades with clear positivity to reinforce the expectations of continuing the domination of the bullish trend for the rest of the day, and the way is open to achieve our main waited target at 2600.00$, motivated by stochastic positivity that appears clearly now, noting that breaching the mentioned level will push the price towards 2630.00$ as a next positive target.
In general, the expected rise will remain valid for today unless breaking 2550.00$ and holding below it.
The expected trading range for today is between 2550.00$ support and 2590.00$ resistance.
Trend forecast: Bullish
The GBPUSD price shows additional positive trades to reach 1.3265$ level now, waiting to breach this level to confirm extending the bullish wave towards our next target at 1.3325$.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 1.3124$ and holding with a daily close below it.
The expected trading range for today is between 1.3120$ support and 1.3280$ resistance.
Trend forecast: Bullish
The EURUSD price trades with clear positivity to confirm surpassing 1.1100$ level and approach our waited target at 1.1200$, and the way seems open to breach this level and achieve additional gains in the upcoming sessions, to head towards 1.1270$ followed by 1.1350$ levels as next main stations.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1.1100$.
The expected trading range for today is between 1.1040$ support and 1.1200$ resistance.
Trend forecast: Bullish
The AUDCAD price formed strong bullish rally yesterday to surpass the bearish channel’s resistance at 0.9155, hinting moving to the bullish track again, noticing achieving some gains by reaching 0.9240.
The continuous positive closings above the resistance confirm forming new support base, also, the positive momentum coming by the major indicators will increase the chances of recording new gains that might extend towards 0.9315 followed by reaching 0.9390 on the medium-term basis.
The expected trading range for today is between 0.9160 and 0.9315
Trend forecast: Bullish