Gold price still stuck between the trend confirmation levels represented by 1834.00 support and 1850.00 resistance, which makes us continue with our neutrality until the price confirms breaching one of these levels followed by detecting the next destination clearly.
To review the expected targets after the breach, please check our previous report.
The expected trading range for today is between 1830.00 support and 1865.00 resistance.
The expected trend for today: Neutral
The GBPUSD pair hovers around 1.3435 level since morning, and as long as the price is below 1.3470, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that our next main target is located at 1.3355.
The expected trading range for today is between 1.3350 support and 1.3480 resistance.
The expected trend for today: Bearish
The EURUSD pair continues to fluctuate around the bearish channel’s resistance, and the bearish trend still active for today, waiting to visit 1.1145 level as a next negative station, noting that it is important to break 1.1275 to continue the expected decline.
The expected trading range for today is between 1.1190 support and 1.1340 resistance.
The expected trend for today: Bearish
The EURGBP pair succeeded to break the additional support at 0.8410 to reinforce the domination of the expected bearish bias, while stochastic additional negative momentum allows us to suggest targeting new negative levels that might start at 0.8310 and 0.8265 levels.
The expected trading range for today is between 0.8410 and 0.8310
The expected trend for today: Bearish