Gold price continues to fluctuate around 1960.00 level without managing to confirm breaching it, to keep the price confined between the trend keys represented by the mentioned resistance and 1925.35 support, thus, we will continue with our neutrality until now.

Moving inside the bullish channels that appear on the chart gives preference to the domination of the bullish trend in the upcoming sessions, but we need to breach 1960.00 to confirm rallying towards achieving new gains that reach 2000.00, while breaking 1925.35 support represents negative factor that will press on the price to achieve additional bearish correction that its next targe treaches 1890.00.

The expected trading range for today is between 1925.00 support and 1970.00 resistance.

The expected trend for today: Neutral

The USDCAD pair managed to breach 1.2590 and hold with a daily close above it, which supports the continuation of the expected bullish trend for the upcoming period efficiently, opening the way to head towards 1.2725 as a next main target.

Holding above 1.2590 is important to continue the expected rise, as breaking it will put the price under the correctional bearish pressure again.

The expected trading range for today is between 1.2590 support and 1.2725 resistance.

The expected trend for today: Bullish

The USDJPY pair rallied upwards strongly to surpass our waited target at 125.00 and settles above it, opening the way to extend the bullish wave on the short term and medium term basis, on its way to achieve additional gains that reach 126.55.

The EMA50 continues to support the suggested bullish wave, noting that the continuation of the expected rise requires holding above 125.00 and the most important above 124.30.

The expected trading range for today is between 125.00 support and 126.20 resistance

The expected trend for today: Bullish

The GBPUSD pair fluctuates near 1.3000 level, falling under continuous negative pressure coming by the EMa50, to support the chances of breaking this level and confirm extending the bearish wave towards 1.2900.

In general, we will continue to suggest the bearish trend that moves organized inside the bearish channel that appears on the chart, supported by stochastic current negativity, reminding you that it is important to hold below 1.3145 to achieve the waited targets.

The expected trading range for today is between 1.2930 support and 1.3080 resistance.

The expected trend for today: Bearish