The EURUSD pair shows some slight bullish bias affected by stochastic positivity, but as long as the price is below 1.1615, the negative scenario will remain valid for today, supported by moving below the EMA50, reminding you that our targets begin by breaking 1.1525 to confirm extending the bearish wave towards 1.1400.

The expected trading range for today is between 1.1460 support and 1.1615 resistance.

The expected trend for today: Bearish

CADJPY price succeeded to settle above the bullish channel’s support at 91.55, to confirm its surrender to the bullish bias domination in the upcoming period, providing positive momentum by stochastic surpass to 50 level makes us wait for recording new positive targets by reaching 92.95 followed by the next extra target at 93.72. 

The expected trading range for today is between 91.75 and 93.00

The expected trend for today: Bullish

The Spanish index begins its trading for today by forming a new bullish wave, getting advantage from the stability above the bullish channel at 8835.00 reaching to 9075.00.

Note that the stability of the moving average 55 above the main support besides stochastic attempt to reach the overbought level make us prefer more of the bullish attempts, which might target 9170.00 reaching to 9348.00 in the medium period.

The expected trading range for today is between 8920.00 and 9170.00

The expected trend for today: Bullish

The Japanese index price is forced to form a new bullish wave, affected by stochastic positivity, to settle near 29620.00 attempting to delay the expected bearish correctional attack, but the repeated negative stability within the bearish track, to keep waiting for gathering the negative momentum, to repeat the pressure on the support at 27430.00, and breaking it might extend to 26230.00 in the upcoming period.

The expected trading range for today is between 30300.00 and 28100.00

The expected trend for today: Bearish.