The EURUSD pair resumes its positive trading to start testing 1.2170 level, which supports the continuation of our bullish overview, motivated by stochastic positivity, waiting to surpass the mentioned level to confirm rallying towards 1.2300 that represents our next target, noting that it is important to hold above 1.2135 to continue the expected rise.

The expected trading range for today is between 1.2064 support and 1.2230 resistance.

The expected trend for today: Bullish

The EURNZD pair continued to provide negative closings below the bearish channel’s resistance at 1.6945, while confirming the continuation of the negativity for the upcoming trading, as assure the importance of crawling below the additional support at 1.6600 to manage to record many targets that start at 1.6510 followed by reaching 1.6320.

The expected trading range for today is between 1.6770 and 1.6510

The expected trend for today: Bearish

Nikkei index continued to form correctional bearish trades, affected by the strength of 29425.00 barrier, to notice approaching the moving average 55 at 28445.00.

The stability of the mentioned barrier and stochastic additional negative momentum signals allow us to expect resuming the correctional bearish attempts, waiting to record new negative targets that might start at 28100.00 followed by reaching the historical support at 27460.00.

The expected trading range for today is between 29270.00 and 28100.00

The expected trend for today: Bearish

Despite forming weak sideways trades, IBEX index consolidation above 8886.00 level confirms keeping the domination of the expected bullish bias, also, stochastic provides continuous positive momentum, allowing us to expect surpassing 9150.00 level soon to manage to reach the next target at 9345.00.

The expected trading range for today is between 8990.00 and 9200.00

The expected trend for today: Bullish