The EURUSD pair shows some slight bearish bias now after facing solid resistance again at 1.1900 barrier, affected by stochastic negativity, and it might test the key support 1.1840 before turning back to rise again.

In general, consolidating above the mentioned support keeps the bullish trend scenario valid and active for the upcoming period, which targets 1.2011 mainly, noting that breaking 1.1840 will press on the price to turn to decline on the intraday basis to visit 1.1720 before any new attempt to rise.

The expected trading range for today is between 1.1840 support and 1.2011 resistance.

The expected trend for today: Bullish

The EURGBP pair renews the bullish trades to notice reaching 1.0850 barrier, attempting to find an escape to resume the bullish attack in the near term and medium term period, assuring that we need to wait to breach this barrier followed by getting new positive targets that might extend towards 1.0910 and 1.0970 as a first main target of the current bullish track.

In addition, we expect that 1.0800 will form additional support to confirm blocking trades within the bullish track, also, stochastic approach to 80 level will provide the price with new positive momentum to manage to achieve the required breach and reach the mentioned targets.

The expected trading range for today is between 1.0810 and 1.0880

The expected trend for today: Bullish

Nikkei index confirmed keeping the bullish bias domination by providing new positive trades by rallying above 26140.00 level recently, to increase the chances of achieving new targets that might extend to 27000.00 followed by reaching 27300.00 key resistance.

Our bullish overview is supported by the continuous stability above 25410.00 support line, in addition to stochastic positive momentum signals by settling within the overbought areas, to increase the chances of gathering the positive momentum until reaching the mentioned targets.

The expected trading range for today is between 26000.00 and 27000.00

The expected trend for today: Bullish

The EURJPY pair confirmed its affection by the domination of the bullish bias by moving away from 123.45 support line recently, to notice the beginning of recording the positive targets by touching 124.48 level that formed the first target of the bullish track recently.

Now, as stochastic approaches 80 level, we expect gathering new positive momentum to increase the chances of achieving additional targets that might extend to 125.10 level initially, while surpassing it will allow the price to succeed reaching 38.2% Fibonacci correction level at 126.70.

The expected trading range for today is between 123.85 and 125.10

The expected trend for today: Bullish