Gold price shows more bearish bias to reinforce the expectations of continuing the bearish trend for the rest of the day, reminding you that we are waiting to test 2729.00$ mainly, which represents major key to detect the next trend as we mentioned this morning.

We remind you that breaching 2786.00$ will stop the bearish wave and push the price to regain the main bullish trend again.

The expected trading range for today is between 2735.00$ support and 2775.00$ resistance.

Trend forecast: Bearish

The GBPUSD price shows some slight bearish bias now to approach the key support 1.2415$, and as long as the price is above this level, our bullish overview will remain valid for today, supported by the EMA50 that carries the price from below, reminding you that our next main target is located at 1.2609$.

The expected trading range for today is between 1.2375$ support and 1.2530$ resistance

Trend forecast: Bullish

The EURUSD price is testing the key support base 1.0455$, noticing that stochastic gains the positive momentum clearly, waiting to motivate the price to resume the expected bullish trend for today, which its next target located at 1.0600$.

We remind you that it is important to hold above 1.0455$ to continue the expected rise, as breaking it represents the key to turn to decline and build bearish wave that its first main target reaches 1.0325$.

The expected trading range for today is between 1.0400$ support and 1.0540$ resistance

Trend forecast: Bullish

The EURCHF price renewed its positive action recently to achieve additional gains by reaching 0.9438 followed by turning back to settle near 38.2% Fibonacci correction level at 0.9485 due to stochastic exit from the overbought areas.

We expect to witness some sideways trades until gathering the additional positive momentum to ease the mission of resuming the bullish rally and start recording new gains by reaching 0.9530 first, followed by waiting to attack 50% Fibonacci correction level at 0.9570.

The expected trading range for today is between 0.9470 and 0.9530

Trend forecast: Bullish