The GBPUSD pair rallies upwards again to reinforce the expectations of continuing the main bullish trend, waiting to test 1.3785 followed by 1.3815 levels mainly, being aware that it is important to monitor the price behavior when reaching the extended target, due to its importance to detect the next destination on the short term and medium term basis.
The expected trading range for today is between 1.3660 support and 1.3815 resistance.
The expected trend for today: Bullish
The EURUSD pair resumes its positive trades to approach the first waited target at 1.1500, to continue suggesting the bullish trend that its next target located at 1.1560, supported by the EMA50 that continues to push the price to the upside, reminding you that it is important to hold above 1.1375 to continue the expected bullish trend.
The expected trading range for today is between 1.1375 support and 1.1530 resistance.
The expected trend for today: Bullish
The AUDCHF pair still stable within the bearish channel until this moment, to repeat the fluctuation below the moving average 55 that forms additional barrier at 0.6700.
Note that stochastic reach to the overbought areas confirms getting rid of the positive pressures, to provide chances to gather the negative momentum again and reinforce the bearish track that might target 0.6580 followed by reaching the initial support at 0.6500.
The expected trading range for today is between 0.6700 and 0.6580
The expected trend for today: Bearish
Coffee price repeated the negative closings below 242.00 barrier, to hinder the bullish attempts and force it to form new correctional bearish rebound, also, stochastic exit from the overbought areas will increase the negative pressures to expect resuming the temporary correctional bearish track that might target 236.10 followed by 231.40 levels.
The expected trading range for today is between 242.00 and 231.40
The expected trend for today: Bearish