The EURUSD pair resumes its positive trading to move above 1.1975, which support the continuation of our bullish overview for today, motivated by the positive signal provided by stochastic, waiting to head towards 1.2064 as a next main target, reminding you that it is important to hold above 1.1940 to continue the expected rise.

The expected trading range for today is between 1.1900 support and 1.2060 resistance.

The expected trend for today: Bullish

The GBPCHF pair still affected by the negative factors due to its stability below the bullish channel, to form new barrier at 1.2775 and notice suffering additional losses lately by reaching 1.2638.

Also, stochastic stability below 50 level will increase the chances of gathering the additional negative momentum, to increase the chances of reaching the main negative stations that start at 1.2570 and 12.520.

The expected trading range for today is between 1.2760 and 1.2570

The expected trend for today: Bearish

IBEX index repeated its fluctuation below the previously recorded top at 8742.00, to increase the chances of forming new correctional bearish trades now.

Also, 8610.00 level attempts to form additional barrier, allowing us to wait to gather the required negative momentum to start recording the negative targets around 8435.00 followed by reaching 23.6% Fibonacci correction level near 8275.00.

The expected trading range for today is between 8630.00 and 8435.00

The expected trend for today: Bearish

The EURJPY pair avoided the risks of changing the bullish track by providing new positive close above the bullish channel’s support line at 129.55, to notice the beginning of forming bullish trades and its stability near 130.30.

We remind you that it is important to surpass 130.75 barrier to open the way to achieve many gains by moving towards 131.60 first followed by waiting to achieve the main target at 132.70.

The expected trading range for today is between 129.70 and 130.60

The expected trend for today: Bullish