Gold price continues to move within tight track, which keeps our positive overview valid as it is for today, which gets continuous positive support by the EMA50, depending on the price stability above 1755.00 and 1735.00 levels, reminding you that our waited targets begin at 1800.00 and 1840.00.
The expected trading range for today is between 1760.00 support and 1800.00 resistance.
The expected trend for today: Bullish
The GBPUSD pair resumes its negative trading to start moving away from 1.2304 level, which supports the continuation of the expected bearish trend scenario for today, which gets support by the EMA50, waiting to head towards 1.2093 as a next main station, reminding you that the continuation of the expected decline requires holding below 1.2304.
The expected trading range for today is between 1.2200 support and 1.2390 resistance.
The expected trend for today: Bearish
The EURUSD pair shows some bearish bias to head towards potential test to the key support 1.1175, which represents one of the next trend keys besides 1.1270 resistance, as the price still stuck between these levels, waiting to breach one of them to detect its next destination clearly.
The contradiction between stochastic positivity and the EMA50 negativity still valid, noting that the expected targets after the breach explained in our morning report.
The expected trading range for today is between 1.1140 support and 1.1340 resistance.
The expected trend for today: Depends on the above mentioned levels
The GBPAUD pair continued to form negative trades, to move away from 1.8220 resistance and notice recording the negative targets by reaching 1.7872, while stochastic keeps providing the negative momentum by fluctuating within the oversold areas to support the continuation of the negativity, allowing us to suggest moving towards 1.7742 level followed by pressing on 1.7565 support.
The expected trading range for today is between 1.7980 and 1.7745
The expected trend for today: Bearish