Gold price settles at 1871.55 level after the bullish rally that it witnessed yesterday, attempting to breach it, which supports the chances of extending the correctional bullish wave on the intraday basis, waiting to visit 1888.30 as a bext positive target.

The EMA50 supports the price from below, to continue suggesting the bullish trend for the upcoming period unless breaking 1850.80 and holding below it.

The expected trading range for today is between 1855.00 support and 1890.00 resistance.

The expected trend for today: Bullish

The USDCAD pair traded with strong negativity yesterday to break 1.2688 and approaches 1.2600 barrier, which supports the continuation of the expected bearish trend scenario efficiently for the upcoming sessions, and the way is open to head towards our waited negative target at 1.2475.

The EMA50 continues to support the expected bearish wave, noting that holding below 1.2688 represents key condition to continue the suggested decline.

The expected trading range for today is between 1.2540 support and 1.2688 resistance.

The expected trend for today: Bearish

The USDJPY pair broke 103.65 level clearly and closed the daily candlestick below it, to activate the bearish trend scenario on the intraday basis, opening the way to achieve negative targets that start at 102.50.

Therefore, we expect to witness more decline in the upcoming sessions unless the price rallied to breach 103.65 followed by 103.95 levels and hold above them.

The expected trading range for today is between 102.70 support and 104.00 resistance

The expected trend for today: Bearish

The GBPUSD pair resumes its positive trading after testing the support base formed above 1.3615 level, getting positive signals through stochastic and the EMA50, which supports the continuation of our bullish overview, reminding you that our next target extends to 1.3815.

Breaching 1.3700 will ease the mission of continuing the rise, while holding above 1.3615 represents key condition to achieve the waited targets.

The expected trading range for today is between 1.3600 support and 1.3780 resistance.

The expected trend for today: Bullish