The EURUSD price managed to achieve our waited target at 1.0947$ and attempts to confirm breaching it now, reinforcing the expectations of continuing the domination of the bullish trend for the rest of the day, on its way to visit 1.1000$ followed by 1.1080$ levels that represent our next main targets, taking into consideration that failing to hold above 1.0947$ and decline to break 1.0880$ will push the price to turn to decline and achieve some intraday bearish correction.

The expected trading range for today is between 1.0860$ support and 1.1010$ resistance.

Trend forecast: Bullish

No change to coffee price bullish track by consolidating within the bullish channel frequently, which its support line consolidates near 211.60, also, the frequent fluctuation above the additional support at 220.00 assists to confirm the continuation of the positivity, to keep waiting to gather the positive momentum followed by starting to target the positive stations near 246.10 and 260.20.

The expected trading range for today is between 222.00 and 246.10

Trend forecast: Bullish

The EURJPY pair started today by forming strong negative waves, to notice crawling below 159.30 support line, forming strong negative attack to touch 154.40 followed by attempting to jump above 156.00 additional support.

We expect to form additional barrier at 157.90 to resume the negative attempts to touch the correctional support line at 153.95 followed by monitoring the price behavior due to the chances of covering the losses and start the correctional bullish track as long as this support line remains intact.

The expected trading range for today is between 157.20 and 154.00

Trend forecast: Bearish

The GBPJPY pair started this morning by breaking the bullish channel’s support line at 187.95, to open the way for strong decline and notice touching 180.10 followed by forming some bullish correction towards 185.00.

Note that the frequent negative stability below the broken support and the continuous negative momentum coming by the major indicators will open the way to target the additional support at 179.10, followed by starting to form new correctional trades in order to decrease the losses on the near-term and medium-term basis.

The expected trading range for today is between 186.20 and 179.10

Trend forecast: Bearish