Gold price confirmed breaching 1975.00 level after closing the daily candlestick above it, to open the way to continue the rise and head to achieve positive targets that start at 2000.00 followed by 2009.30, making the bullish bias suggested for today, supported by the EMA50 that carries the price from below.

Note that the continuation of the bullish wave requires holding above 1975.00 and the most important above 1962.35, as breaking this level represents negative factor that will push the price to return to the correctional bearish track again.

The expected trading range for today is between 1970.00 support and 2005.00 resistance.

The expected trend for today: Bullish

The USDCAD pair rallied upwards yesterday to succeed to achieve our first waited target at 1.3755, waiting for more rise to head towards our next positive station at 1.3845.

Stochastic current negativity might cause some sideways fluctuation before resuming the expected bullish wave, which will remain valid conditioned by the price stability above 1.3680.

The expected trading range for today is between 1.3700 support and 1.3830 resistance.

The expected trend for today: Bullish

The USDJPY pair bounced bearishly to break 150.95 level and settles below it, to notice that the price recorded lower high that hints heading to return to the correctional bearish track again, to head towards visiting 149.40 followed by 148.30 levels as main negative targets.

Therefore, the bearish bias will be suggested in the upcoming sessions, and breaking 150.10 will ease the mission of achieving the expected targets, while breaching 150.95 represents initial key to attempt to regain the main bullish trend again.

The expected trading range for today is between 149.60 support and 151.00 resistance

The expected trend for today: Bearish

The GBPUSD pair settles below 1.2460 level, witnessing signs of forming double top pattern that we are waiting to push the price to achieve the expected decline for the upcoming period, which its next main target located at 1.2297.

On the other hand, we notice that stochastic overlaps negatively now to motivate the price to resume the suggested negative trades, taking into consideration that breaching 1.2460 will stop the expected decline and lead the price to recover again.

The expected trading range for today is between 1.2320 support and 1.2460 resistance.

The expected trend for today: Bearish