Gold price fluctuates within tight range since morning, which keeps the bullish trend scenario valid as it is without any change, supported by the EMA50, depending on the price stability above 2016.90, reminding you that our next main target is located at 2065.70.

The expected trading range for today is between 2010.00 support and 2045.00 resistance.

The expected trend for today: Bullish

The GBPUSD pair trades positively now to approach the key resistance 1.2720, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend scenario active for today, which targets 1.2590 mainly, noting that stochastic begins to lose the positive momentum to support the expectations to decline.

The expected trading range for today is between 1.2580 support and 1.2720 resistance.

The expected trend for today: Bearish

The EURUSD pair shows some slight bullish bias to head towards potential test to the key resistance 1.0960, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend scenario active for today, as breaching it represents the key to turn to rise again, while the next main target of the expected bearish wave is located at 1.0860.

The expected trading range for today is between 1.0840 support and 1.0980 resistance.

The expected trend for today: Bearish

The NZDCAD pair lost the positive momentum recently to end the bullish attack by touching 0.8410 level and notice forming temporary negative rebound and settle near 0.8340.

Now, 0.8255 level attempt to form the additional support and the stability of stochastic above 20 level allow us to expect getting rid of the negative pressures to start renewing the bullish trades, attempting to achieve many gains by rallying towards 0.8400 followed by reaching 38.2% Fibonacci correction level at 0.8485, to form the main target of the bullish trades.

The expected trading range for today is between 0.8310 and 0.8400

The expected trend for today: Bullish