The EURUSD pair shows some slight bullish bias now, and as we mentioned this morning, the price needs to hold below 1.1780 to keep the bearish trend active for today, as breaching it will lead the price to turn to rise, while the next main target of the suggested bearish wave is located at 1.1605.

The expected trading range for today is between 1.1630 support and 1.1780 resistance.

The expected trend for today: Bearish

The AUDCAD pair faced strong negative pressures recently, to reinforce the domination of the bearish bias and notice its decline from 0.9700 barrier, to record the first negative target at 0.9500.

Note that the continuous negative signals coming by the technical indicators reinforces the continuation of the negativity, to keep waiting to reach 0.9385, while surpassing it might extend losses towards 0.9250 in the upcoming period.

The expected trading range for today is between 0.9570 and 0.9385

The expected trend for today: Bearish

The Australian index lost its positive momentum recently after stochastic exited the overbought areas, while leaning above the bullish channel’s support line at 6740.00 confirms the continuation of the positivity for the upcoming trading.

Succeeding to gather the positive momentum again will allow the price to form strong bullish waves and target 6915.00 followed by 7035.00 levels, while crawling below the current support and getting negative close will confirm moving to the bearish track, to expect suffering many losses by moving towards 6575.00 first.

The expected trading range for today is between 6780.00 and 6915.00

The expected trend for today: Bullish

The EURJPY pair repeated the positive closings within the bullish channel, to notice its fluctuation near 129.70, attempting to gather the required additional positive momentum to breach 131.10 barrier.

We remind you that succeeding to hold above 130.10 will increase the chances of recording new positive targets by rallying towards 130.70 followed by 131.30 levels.

The expected trading range for today is between 129.30 and 130.70

The expected trend for today: Bullish