Gold price trades positively to head towards potential test to the most important resistance at 1848.60, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active for today, as breaching it will lead the price to return to the bullish track and achieve positive targets that start at 1872.00, while the price needs to trade below 1838.10 again to reinforce the chances of continuing the negative scenario that its next main target located at 1800.00.
The expected trading range for today is between 1810.00 support and 1850.00 resistance.
The expected trend for today: Bearish
The GBPUSD pair attempts to breach 1.3615 level, to support the continuation of the bullish trend scenario that targets 1.3700 followed by 1.3815 levels as next main stations, taking into consideration that holding above 1.3520 is important to achieve the suggested positive targets.
The expected trading range for today is between 1.3520 support and 1.3700 resistance.
The expected trend for today: Bullish
The EURUSD pair managed to touch our first target at 1.2125 and attempts to breach it, reinforcing the expectations of continuing the bullish trend that its next target located at 1.2175, reminding you that the continuation of the bullish wave depends on the price stability above 1.2064.
The expected trading range for today is between 1.2020 support and 1.2190 resistance.
The expected trend for today: Bullish
The GBPAUD pair kept its stability within the bullish track by providing frequent positive closings above the key support 1.7385 and notice forming bullish waves to settle near 1.7675.
Also, stochastic exit from the oversold areas confirms getting rid of the negative pressures to provide chances to gather the positive momentum again and ease the mission of resuming the rise until reaching 1.7915 followed by repeating the pressure on the moving average 55 near 1.8290.
The expected trading range for today is between 1.7520 and 1.7880
The expected trend for today: Bullish