Gold price resumed its bullish rally to approach our first waited target at 1800.00, reinforcing the expectations of continuing the bullish trend, which its next target located at 1838.00, supported by the EMA50, reminding you that the continuation of the bullish wave requires holding above 1784.00.

The expected trading range for today is between 1775.00 support and 1810.00 resistance.

The expected trend for today: Bullish

The GBPUSD pair didn’t show any strong move since morning, to continue fluctuating around the EMA50, thus, the bullish trend scenario will remain valid as it is without any change, depending on the price stability above 1.3820, reminding you that our next target is located at 1.3975.

The expected trading range for today is between 1.3820 support and 1.4000 resistance.

The expected trend for today: Bullish

The EURUSD pair trades with strong positivity now to approach testing the key resistance 1.2064, and as long as the price is below this level, our bearish overview will remain valid, which targets 1.1975 followed by 1.1880 levels as main stations.

Note that breaching 1.2064 and holding above it will lead the price to resume the short term bullish wave and head towards 1.2170 as a next positive target.

The expected trading range for today is between 1.1950 support and 1.2064 resistance.

The expected trend for today: Bearish

The NZDCHF pair succeeded to get rid of the temporary negative pressures and rally above 0.6520 support line again, to confirm surrendering to the domination of the expected bullish bias.

Also, the consolidation of the moving average 55 below the current trades confirms blocking the price within the bullish track, to expect gathering the positive momentum and reach 0.6640 level direct, followed by attempting to press on 0.6760 recorded high.

The expected trading range for today is between 0.6540 and 0.6640

The expected trend for today: Bullish