The GBPUSD pair faces solid support at 1.3805, waiting to get negative motive that assist to break this level and confirm extending the bearish wave towards 1.3670.

In general, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 1.3890 and hold above it.

The expected trading range for today is between 1.3730 support and 1.3890 resistance.

The expected trend for today: Bearish

The EURUSD pair shows new negative trades in attempt to resume the expected bearish trend for today, which targets 1.1780 level as a next station, to keep the negative scenario valid and active as long as 1.1888 remains intact, noting that the EMA50 continues to support the suggested bearish wave.

The expected trading range for today is between 1.1770 support and 1.1900 resistance.

The expected trend for today: Bearish

The AUDCAD pair ended its recent negative attack by testing 0.9260 level, to form solid support against the negative trades and force it to form tight sideways fluctuation as appears on the chart.

Note that it is important to hold above the current support to manage to gather the positive momentum again and start forming bullish waves to surpass 0.9392 level followed by extending trades towards the main positive stations, represented by 0.9530 and 0.9395.

The expected trading range for today is between 0.9250 and 0.9390

The expected trend for today: Bullish

IBEX index continued to form correctional bearish trades by fluctuating below 9125.00 resistance, to notice suffering big losses by recording 8762.30.

Fluctuating below the additional barrier at 8890.00 and stochastic reach to 20 level allow us to expect resuming the correctional bearish attack, to press on the moving average 55 at 8710.00, while surpassing it will extend losses towards 8450.00 in the upcoming period.

The expected trading range for today is between 8900.00 and 8710.00

The expected trend for today: Bearish