Gold price shows more bearish bias to crawl gradually towards our waited target at 1691.10, to keep the bearish trend scenario active for the rest of the day, reminding you that breaking the mentioned level will push the price to 1646.00 as a next correctional target, while the bearish trend will remain valid conditioned by the price stability below 1725.90 and 1735.00 levels.

The expected trading range for today is between 1690.00 support and 1725.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair retests 1.2304 level that was breached previously to form key support line now, accompanied by stochastic reach to the thresholds of the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 1.2400 followed by 1.2515 levels mainly.

Note that pressing negatively on 1.2304 and breaking it and holding below it will stop the expected rise and push the price back to the bearish track that its first target located at 1.2093.

The expected trading range for today is between 1.2230 support and 1.2420 resistance.

The expected trend for today: Bullish

The EURUSD pair shows negative trades now to move away from 1.0966 level, reinforcing the chances of continuing the bearish bias in the upcoming sessions, but we are waiting the daily candlestick close below the mentioned level to confirm the continuation of the decline towards our first negative target at 1.0840.

Therefore, we will continue with our neutrality until the price confirms the stability below 1.0966 or breaching it and consolidating above it.

The expected trading range for today is between 1.0860 support and 1.1060 resistance.

The expected trend for today: Neutral

The GBPCAD pair formed new bearish channel recently, its main resistance located at 1.7088, while its stability increases the chances of declining towards the negative stations around 1.6915 and 1.6851.

Also, note that stochastic reach to the oversold areas will increase the chances of gathering new negative momentum to manage to continue the decline until recording the mentioned targets.

The expected trading range for today is between 1.7050 and 1.6915

The expected trend for today: Bearish