Gold price tests 1797.00 level again, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend scenario active for the upcoming period, reminding you that our main waited target is located at 1770.00.
The expected trading range for today is between 1770.00 support and 1810.00 resistance.
The expected trend for today: Bearish
The GBPUSD pair returns to test 1.3355 level and still below it, and the EMA50 forms continuous negative pressure against the price, thus, no change to the bearish trend scenario that depends on the price stability below the mentioned level, waiting to resume the bearish wave that its next main target located at 1.3160.
The expected trading range for today is between 1.3240 support and 1.3390 resistance.
The expected trend for today: Bearish
The EURUSD pair hovers around the EMA50 since morning, and stochastic continues to provide the negative signals, to keep our bearish overview that depends on the price stability below 1.1375, waiting to head towards 1.1145 as a next main target.
The expected trading range for today is between 1.1190 support and 1.1340 resistance.
The expected trend for today: Overall bearish
The GBPAUD pair started to get the positive momentum, to move away from the major support near 1.7700, forming bullish rally and achieving 1.8766 level recently.
Now, the moving average 55 forms additional support at 1.8370, in addition to stochastic providing the positive momentum signals, which allow us to suggest more bullish attempts that might target 1.8965 followed by 1.9155 levels in the medium term period.
The expected trading range for today is between 1.8540 and 1.8900
The expected trend for today: Bullish