Gold price touched 2366.10$ level and finds solid support there, affected by the double top pattern that supports the chances of surpassing this level and open the way to achieve additional negative targets that reach 2325.65$.

Therefore, the bearish trend will remain suggested for today, supported by the negative pressure formed by the EMA50, reminding you that holding below 2390.00$ and 2410.90$ levels is important to continue the expected decline.

The expected trading range for today is between 2350.00$ support and 2390.00$ resistance.

Trend forecast: Bearish

The GBPUSD price continues to fluctuate at 1.2880$ level, waiting to break this level to activate the negative effect of the double top pattern followed by rallying towards our next targets at 1.2830$ followed by 1.2780$.

Therefore, we will continue to suggest the bearish trend for today, reminding you that holding below 1.2945$ represents major condition to achieve the expected targets.

The expected trading range for today is between 1.2800$ support and 1.2960$ resistance.

Trend forecast: Bearish

The EURUSD price hovers around 1.0840$ level since morning, waiting to get negative motive that assist to push the price to break this level and open the way to head towards 1.0806$ followed by 1.0774$ levels as next correctional stations, supported by the negative pressure formed by the EMA50, reminding you that the continuation of the bearish wave depends on the price stability below 1.0880$.

The expected trading range for today is between 1.0760$ support and 1.0890$ resistance.

Trend forecast: Bearish

The CHFJPY price formed many negative waves, to notice crawling below the bullish channel’s support line at 173.20, to suffer some additional losses by touching 173.13.

The above chart shows stochastic crawl towards the oversold areas, to increase the chances of gathering the required negative momentum to confirm breaking the bullish channel’s support line and start suggesting targeting new negative stations that might start at 171.75 and 170.60.

The expected trading range for today is between 173.10 and 172.00

Trend forecast: Bearish