Gold price shows negative trades now, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, reminding you that we are waiting to visit 1780.25 followed by 1750.00 levels as next main stations, while holding below 1818.00 represents the first condition to continue the suggested decline.

The expected trading range for today is between 1780.00 support and 1825.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair resumed its negative trades clearly to break 1.2077 and reinforce the expectations of continuing the bearish trend, waiting for more decline to visit 1.1933 that represents our next target, noting that holding below 1.2077 represent the first condition to continue the suggested scenario.

The expected trading range for today is between 1.2000 support and 1.2100 resistance.

The expected trend for today: Bearish

The EURUSD pair traded with strong negativity to break the bearish pennant’s support line and surpasses our waited negative target at 1.0355 to confirm the extension of the bearish wave on the intraday and short term basis, opening the way to head towards our next target at 1.0250, to keep the bearish trend scenario dominant in the upcoming period conditioned by the price stability below 1.0410.

The expected trading range for today is between 1.0250 support and 1.0360 resistance.

The expected trend for today: Bearish

The AUDNZD pair repeated the positive closings above the bullish channel’s support line at 1.0915, to notice achieving some gains by rallying towards 1.1080, noting that it is important to gather the additional positive momentum to assist to renew the bullish attempts, to expect targeting 1.1108 followed by reaching the previously recorded top at 1.1120.

The expected trading range for today is between 1.1020 and 1.1108

The expected trend for today: Bullish