The GBPUSD pair trades positively after testing 1.3875, and as we mentioned this morning, the price needs to break this level to activate the negative effect of the double top pattern followed by rallying towards our waited negative target at 1.3760.

In general, we will continue to suggest the bearish trend for today unless breaching 1.3955 and holding above it.

The expected trading range for today is between 1.3790 support and 1.3950 resistance.

The expected trend for today: Bearish

The EURUSD pair tested the EMA50 and bounced bearishly from there, to keep the bearish trend scenario valid and active for today, which depends on the price stability below 1.1888, reminding you that our first main target is located at 1.1780.

The expected trading range for today is between 1.1750 support and 1.1890 resistance.

The expected trend for today: Bearish

The repeated the negative closings below the bearish channel’s resistance at 0.6855, to confirm its preparation to form strong negative waves in the near term and medium term period, also, the major indicators agree to provide the negative momentum to allow us to wait to reach 0.6510 as a first main target of the bearish track.

The expected trading range for today is between 0.6760 and 0.6570

The expected trend for today: Bearish

IBEX index ended its recent trades by providing positive close above the moving average 55, to form additional support at 8705.00 and increase the chances of renewing the bullish attempts.

In addition, we notice that stochastic attempts to provide the positive momentum, to increase the chances of targeting positive levels that might start at 8962.00 followed by 8140.00 in the upcoming period.

The expected trading range for today is between 8700.00 and 8960.00

The expected trend for today: Bullish