The GBPUSD pair keeps its stability above 1.3565, to keep the bullish trend scenario valid and active for today, supported by the EMA50 that carries the price from below, reminding you that our main waited target reaches 1.3660.
The expected trading range for today is between 1.3510 support and 1.3680 resistance.
The expected trend for today: Bullish
The EURUSD pair settles around the EMA50, and as long as the price is below 1.1375, our bearish overview will remain valid and active for the upcoming period, motivated by the negative overlapping signal that appears on stochastic, reminding you that we are waiting to visit 1.1285 followed by 1.1150 levels after surpassing the previous level.
The expected trading range for today is between 1.1250 support and 1.1400 resistance.
The expected trend for today: Bearish
The CADJPY pair leaned above 90.75 level recently, to form the additional support against the bullish trades, noticing recording the first target at 91.60 and confirm surrendering to the domination of the bullish bias.
Note that the main stability within the bullish channel and stochastic attempt to provide the positive momentum support our bullish overview, to keep waiting to record new positive targets that might start at 92.15 followed by reaching the previous recorded high at 93.00.
The expected trading range for today is between 91.25 and 92.15
The expected trend for today: Bullish
Despite the EURJPY pair’s recent weak trades, the frequent positive stability above the additional support 129.85 and fluctuating above 23.6% Fibonacci correction level recently at 130.80 allow us to keep the expected bullish overview.
Therefore, we will keep waiting to gather the additional positive momentum to manage to form new bullish rally and manage to record more positive targets, located now near 131.85 and 132.45.
The expected trading range for today is between 130.80 and 131.85
The expected trend for today: Bullish