Gold price shows slight negative trades to move away gradually from the correctional bearish channel’s resisatnce, which keeps our bearish overview valid for today, supported by stochastic and the EMA50 negativity, waiting to test 1447.00 level initially, reminding you that surpassing this level will extend the correctional bearish wave to reach 1413.10, while the expected decline will remain valid for today unless breaching 1474.00 level and holding above it.
The expected trading range for today is between 1447.00 support and 1480.00 resistance.
The expected trend for today: Bearish
The GBPUSD pair did not show any strong move since morning, thus, no change to the bullish trend scenario that depends on the price stability above 1.2840 and 1.2800 levels, waiting to breach 1.2930 level to confirm heading towards our main expected target at 1.3045.
The expected trading range for today is between 1.2800 support and 1.2980 resistance.
The expected trend for today: Bullish
The EURUSD pair begins to rebound bearishly after testing 1.1030 level this morning, getting negative overlapping signal through stochastic, which supports the continuation of our bearish overview on the intraday basis, which its main targets located at 1.0995 followed by 1.0950, while achieving it conditions holding below 1.1065.
The expected trading range for today is between 1.0940 support and 1.1100 resistance.
The expected trend for today: Bearish
The European index price kept its stability above the initial support at 36650.60, to increase the chances for recording new historical targets in the near and medium period.
Forming a new bullish wave by stochastic and its stability above 50 level confirms that there is extra positive momentum, to keep waiting for hitting 3740.00 level reaching to the resistance at 3753.00.
The expected trading range for today is between 3685.00 and 3740.00
The expected trend for today: Bullish