Gold price resumes its positive trades to attempt to move above 1860.00, reinforcing the expectations of continuing the bullish trend for the rest of the day, motivated by stochastic positivity, waiting for more rise to visit 1900.00 mainly, reminding you that it is important to hold above 1860.00 to continue the expected bullish trend.
The expected trading range for today is between 1840.00 support and 1880.00 resistance.
The expected trend for today: Bullish
The GBPUSD pair made new test to 1.3470 and kept its stability below it, to keep the bearish trend scenario active for today, supported by the negative pressure formed by the EMA50, reminding you that our waited targets begin at 1.3355 and extend to 1.3160.
The expected trading range for today is between 1.3320 support and 1.3480 resistance.
The expected trend for today: Bearish
The EURUSD pair provided additional negative trades to break 1.1300 level but it returns to trade above it, affected by stochastic positivity, waiting to get negative motive that assist to push the price to resume the bearish trend that targets 1.1145 level mainly.
In general, we will continue to suggest the bearish trend for today unless the price rallied to breach 1.1375 and hold above it.
The expected trading range for today is between 1.1200 support and 1.1375 resistance.
The expected trend for today: Bearish
The EURNZD pair has no escape from resuming the negative attack, due to the frequent stability below 1.6305 barrier, in addition to the continuous negative momentum coming by the major indicators.
These factors allow us to keep the negative overview, reminding you that the main targets are located near 1.6050 followed by 1.5908 as a next station for the bearish bias.
The expected trading range for today is between 1.6230 and 1.6050
The expected trend for today: Bearish