The tight range continues to dominate gold price trades, and as long as the price is below 1797.00, our bearish overview will remain valid as it is, supported by the negative pressure formed by the EMA50, noting that the waited target is located at 1770.00.

The expected trading range for today is between 1770.00 support and 1805.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair resumes its positive trading to move away from the EMA50, reinforcing the expectations of continuing the bullish trend, which targets 1.3955 as a next main station, reminding you that the continuation of the suggested rise depends on the price stability above 1.3810 and the most important above 1.3770.

The expected trading range for today is between 1.3780 support and 1.3950 resistance.

The expected trend for today: Bullish

The EURUSD pair shows new positive trades to continue testing the intraday bearish channel’s resistance, accompanied by witnessing clear overbought signals through stochastic, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which depends on the price stability below 1.1830 as a first condition to the continuation of the suggested decline, while it targets 1.1780 followed by 1.1700 levels as main negative stations.

The expected trading range for today is between 1.1730 support and 1.1870 resistance.

The expected trend for today: Bearish

The EURJPY price provided negative trading yesterday, and begins today with slight rise to test the moving average 55 that forms an intraday resistance against the price, waiting for resuming the decline that targets 129.25 then 128.80 mainly.

On the other hand, you should be aware that breaching 130.85 will stop the expected decline to resume the main bullish wave again.

The expected trading range for today is between 130.60 and 129.20

The expected trend for today: Bearish