The pair showed a sideways trading range yesterday that limited between the bearish channel resistance at 1.6020 and EMA50 which acting as support now at 1.5920, while we still prefer continuing in neutrality specially after achieving some bullish moves which we are waiting to touch the mentioned resistance.

We remind you that breaching above this resistance will ease the way to confirm stopping the current bearish correction, while breaching below 1.5900 will open the way for more bearish correction.

Expected trading range for today is between: 1.5800 support and 1.6100 resistance.

Expected trend for today: Neutral

The pair achieved good bullishness yesterday and approached from hitting the initial target at 1.2910, to settle near it.

In general, we expect more bullishness for today, and the next target located at the psychological barrier 1.3000, while achieving it requires stability above 1.2800

Expected trading range for today is between: 1.2800 support and 1.3040 resistance.

Expected trend for today: Bullish

The pair trades with slight negativity below EMA50, while stability above 0.8075 is considered the most important factor that protects our bullish trend expectations for today, and being aware that Stochastic negativity causes the current bearish bias.

Expected trading range for today is between: 0.8075 support and 0.8350 resistance.

Expected trend for today: Bullish

The pair shown a bearish bias since morning heading towards the critical support 1.0285, while we still waiting clearer signals for the next trend, we get that by monitoring the price behavior according to the levels that we mentioned in our morning report.

Expected trading range for today is between: 1.0200 support and 1.0550 resistance.

Expected trend for today: Bullish