No change to the EURCHF bearish track, as it provides frequent negative closings below 1.0930 resistance line, to notice approaching the moving average 55 that forms temporary support at 1.0860.

Note that stochastic begins to provide the negative momentum to increase the chances of breaking the current support and record additional negative targets that might extend towards 1.0830 and 1.0785 levels.

The expected trading range for today is between 1.0905 and 1.0830

The expected trend for today: Bearish

IBEX index attempted to crawl below the bullish channel’s support line at 8610.00 yesterday, to threat the positive stability by attempting to move to the bearish track, while facing frequent negative pressures by the moving average 55 and stochastic fluctuation below 50 level allow us to wait to confirm the break and activate the negative track that might target 8485.00 and 8430.00 levels soon.

The expected trading range for today is between 8640.00 and 8485.00

The expected trend for today: Bearish

The EURJPY price ended its negative attack yesterday after facing 128.10 key support, to hinder the negative attempts and form correctional bullish rebound in order to take a breath and gather the additional negative momentum again.

Despite the consolidation within the bearish channel, the stability of the mentioned support allows us to suggest more positive rally that might target 129.05 level soon before any attempt to resume the bearish attack.

The expected trading range for today is between 128.90 and 128.05

The expected trend for today: Bullish

The GBPJPY pair succeeded to test the main bullish channel’s support line at 149.18, to form solid obstacle against the negative attack, noticing the beginning of forming bullish rebound to settle near 149.80.

The frequent stability above the support will increase the chances of renewing the bullish attempts that might target 150.55 followed by 151.30 levels, while crawling below the current support will confirm moving to the bearish track, to expect suffering big losses by moving towards 148.60 and 147.90.

The expected trading range for today is between 149.20 and 150.55

The expected trend for today: Bullish