Gold price resumes its positive trading to reach the waited target at 1825.15, getting continuous positive support by the EMA50, to support the chances of surpassing this level and open the way to achieve extended gains that reach 1860.00.

Therefore, we will continue to suggest the bullish trend for the upcoming period, taking into consideration that failing to breach 1825.15 will force the price to rebound bearishly and head to test 1797.00 areas again before any new attempt to rise.

The expected trading range for today is between 1810.00 support and 1835.00 resistance.

The expected trend for today: Bullish

The USDCAD pair broke 1.2725 level strongly to confirm the continuation of the bearish trend domination, noticing that the price forms new double top pattern that its signs appear on the chart, to support the chances of achieving more decline in the upcoming sessions, which targets 1.2590 level as a next station.

Therefore, the bearish trend will remain suggested on the intraday basis unless breaching 1.2725 followed by 1.2790 levels and holding above them.

The expected trading range for today is between 1.2630 support and 1.2750 resistance.

The expected trend for today: Bearish

The USDJPY pair resumes its positive trades by today’s open and tests the resistance barrier formed at 115.45, and the price needs to surpass this level to ease the mission to rally towards our main waited target at 116.35.

Therefore, our bullish overview will remain valid and active unless breaking 114.65 and holding below it.

The expected trading range for today is between 114.80 support and 116.00 resistance

The expected trend for today: Bullish

The GBPUSD pair hovers around 1.3525 level without confirming its situation according to this level, which makes us continue with our neutrality until we get clearer signal for the next trend.

We remind you that breaking the mentioned level will put the price under additional negative pressure that targets testing 1.3460 level as a next negative target, while consolidating above it will lead the price to recover again and achieve gains that start by visiting 1.3610 again.

The expected trading range for today is between 1.3460 support and 1.3610 resistance.

The expected trend for today: Neutral