The EURUSD pair’s trades are confined within bullish pennant pattern that its signs appear on the chart, thus, the price needs to breach 1.1905 to activate the positive effect of this pattern followed by rallying towards our first waited positive target at 1.1975.

Therefore, we will keep our bullish overview conditioned by the price stability above 1.1885 – 1.1870 levels, noting that the EMA50 keeps supporting the suggested bullish wave.

The expected trading range for today is between 1.1830 support and 1.1980 resistance.

The expected trend for today: Bullish

Gold price tested the key support 1731.00 and bounced bullishly from there, to keep the bullish trend scenario valid and active for the upcoming period, motivated by stochastic current positivity, waiting for more rise to visit 1765.00 as a next main target, reminding you that it is important to hold above 1731.00 to continue the suggested bullish bias.

The EURUSD pair attempted to break 1.1885 but it rebounds bullishly to provide positive trades that hint heading to resume the expected bullish trend for the upcoming period, which depends on the price stability above the mentioned level, while our next target is located at 1.1975.

The NZDUSD pair shows clear negative trades to move away from the rising wedge’s support line, to keep the bearish trend scenario active for today, waiting to break 0.7000 to open the way to head towards 0.6895 as a next main target, reminding you that the continuation of the expected decline depends on the price stability below 0.7095.

The expected trading range for today is between 0.6970 support and 0.7095 resistance

The expected trend for today: Bearish