Gold price crawls upwards calmly, approaching our first waited positive target at 1765.00, and as long as the price is above 1746.40, our bullish overview will remain valid for the upcoming period, reminding you that surpassing the mentioned target will push the price to 1786.50 as a next positive station.
The expected trading range for today is between 1740.00 support and 1775.00 resistance.
The expected trend for today: Bullish
The GBPUSD pair provides new positive trades in attempt to surpass 1.2100 level, reinforcing the expectations of continuing the bullish trend for today, waiting to head towards 1.2225 that represents our next main target, reminding you that the continuation of the expected rise depends on the price stability above 1.1950.
The expected trading range for today is between 1.2000 support and 1.2200 resistance.
The expected trend for today: Bullish
The EURUSD pair shows some slight bearish bias now to test 1.1400 barrier, affected by stochastic negativity, waiting to get positive motive that assists to push the price to resume the expected bullish trend for today, which targets 1.0515 as a next station, while holding above 1.0380 represents key condition to achieve it.
The expected trading range for today is between 1.0370 support and 1.0530 resistance.
The expected trend for today: Bullish
The CADJPY pair attacked 50% Fibonacci correction level this morning, affected by the negative pressures that are represented by the stability of the barrier at 105.60, besides the unionism of the main indicators by providing the negative momentum until this moment.
While confirming breaking 104.10 level will open the way for resuming the negative attack, to expect reaching 103.65 initially, then attempts to hit 61.8% Fibonacci correction level at 102.65.
The expected trading range for today is between 104.60 and 103.65
The expected trend for today: Bearish