The GBPUSD pair fluctuates negatively now, noticing that stochastic approaches the oversold areas, waiting to motivate the price to resume the main expected bullish trend for the upcoming period, which its next main target located at 1.3965, while achieving it requires holding above 1.3735.
The expected trading range for today is between 1.3770 support and 1.3965 resistance.
The expected trend for today: Bullish
The EURUSD pair did not show any strong move since morning, to continue fluctuating around 1.2130, thus, no change to the bullish trend scenario that depends on the price stability above 1.2064, supported by the positive signal provided by stochastic, reminding you that our targets begin at 1.2173 and extend to 1.2300.
The expected trading range for today is between 1.2065 support and 1.2220 resistance.
The expected trend for today: Bullish
The AUDCAD pair continued to form positive trades by settling above the bullish channel’s support line at 0.9745, to support our bullish overview, while stochastic reach to 80 level allows the price to gather new positive momentum to start targeting many positive levels by moving towards 0.9895 and 0.9980 levels.
The expected trading range for today is between 0.9775 and 0.9895
The expected trend for today: Bullish
The Australian index formed sideways trades due to the lack of the negative momentum, to notice its fluctuation near 6845.00.
We remind you that the bullish scenario will remain valid as long as the price remains consolidated within the main bullish channel that appears on the chart, thus, we will keep waiting to gather the positive momentum to keep its stability above the initial support 6735.00 and wait to record the additional targets at 6950.00 and 7070.00.
The expected trading range for today is between 6730.00 and 6950.00
The expected trend for today: Bullish