Gold price begins the breaking process to 1797.00 level, which supports the expectations of continuing the bearish trend for the upcoming sessions, paving the way to head towards 1770.00 that represents our next main target, noting that the EMA50 supports the expected decline, which will remain valid unless breaching 1825.15 and holding above it.

The expected trading range for today is between 1775.00 support and 1815.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair tested the EMA50 and faces solid resistance there, waiting to surpass this level – at 1.3740 – to reinforce the expectations of continuing the bullish trend for today, to continue suggesting the bullish trend in the upcoming sessions conditioned by the price stability above 1.3680, reminding you that our waited target reaches 1.3845.

The expected trading range for today is between 1.3620 support and 1.3780 resistance.

The expected trend for today: Bullish

The EURUSD pair tested 1.1780 level again and finds difficulty to break it, noticing that stochastic shows overbought signals now, waiting to motivate the price to resume the negative trades and break the mentioned level and rally towards 1.1700 as a next main station.

Therefore, we will keep our bearish overview for today conditioned by the price stability below 1.1805.

The expected trading range for today is between 1.1700 support and 1.1850 resistance.

The expected trend for today: Bearish

The GBPAUD pair confirmed surrendering to the domination of the bullish bias by surpassing 50% Fibonacci correction level at 1.8430 to notice recording new positive targets by reaching 1.8695.

Also, stochastic reach to the overbought areas will increase the chances of gathering the additional positive momentum to expect forming new bullish attack to target more positive levels that might start at 1.8810 and 1.8960 levels.

The expected trading range for today is between 1.8565 and 1.8800

The expected trend for today: Bullish