The GBPUSD pair resumes its positive trading to move away from the EMA50, reinforcing the expectations of continuing the bullish trend, which targets 1.3955 as a next main station, reminding you that the continuation of the suggested rise depends on the price stability above 1.3810 and the most important above 1.3770.

The expected trading range for today is between 1.3780 support and 1.3950 resistance.

The expected trend for today: Bullish

The EURUSD pair shows new positive trades to continue testing the intraday bearish channel’s resistance, accompanied by witnessing clear overbought signals through stochastic, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which depends on the price stability below 1.1830 as a first condition to the continuation of the suggested decline, while it targets 1.1780 followed by 1.1700 levels as main negative stations.

The expected trading range for today is between 1.1730 support and 1.1870 resistance.

The expected trend for today: Bearish

The EURJPY price provided negative trading yesterday, and begins today with slight rise to test the moving average 55 that forms an intraday resistance against the price, waiting for resuming the decline that targets 129.25 then 128.80 mainly.

On the other hand, you should be aware that breaching 130.85 will stop the expected decline to resume the main bullish wave again.

The expected trading range for today is between 130.60 and 129.20

The expected trend for today: Bearish

The GBPJPY pair managed to breach the resistance line that appears in the image and settled above it, reinforcing the expectations for the bullish trend continuation in the upcoming sessions, easing the way towards 153.40 level as an initial target.

The moving average 55 supports the expected bullish trend, which will remain valid conditioned by holding above 151.85 – 151.40.

The expected trading range for today is between 151.80 and 153.40

The expected trend for today: Bullish