The GBPUSD pair shows some negative trades affected by stochastic negativity, and as long as the price is above 1.3860, our bullish overview will remain valid for today, reminding you that our targets begin at 1.3965 and extend to 1.4070 followed by 1.4145.

The expected trading range for today is between 1.3880 support and 1.4040 resistance.

The expected trend for today: Bullish

The EURUSD pair continues to rise to crawl towards our waited target at 1.2173, and the EMA50 continues to support the price from below, waiting to surpass the mentioned target to rally towards 1.2300 that represents our next station, noting that the continuation of the bullish wave depends on the price stability above 1.2064.

The expected trading range for today is between 1.2080 support and 1.2240 resistance.

The expected trend for today: Bullish

The EURCHF pair ended its correctional bullish rally by providing negative close below 1.0915 resistance, to rebound towards the EMA50 at 1.0782, noting that the stability of 23.8% Fibonacci correction level at 1.0850 might force the price to renew the negative attempts to move towards 1.0750 and 1.0721 levels.

Also, stochastic decline towards 20 level will increase the negative pressures and allow the price to gather the additional negative momentum to manage to renew the negative attempts and reach the suggested targets.

The expected trading range for today is between 1.0830 and 1.0750

The expected trend for today: Bearish

The Australian index started to form new bullish waves due to the frequent stability above 6830.00 support line, keeping its stability within the main bullish channel that appears on the chart.

Also, stochastic provides the positive momentum to support our bullish overview, waiting to move towards 7040.00 that forms the first target of the bullish track, while surpassing it might extend trades towards the historical top at 7210.00.

The expected trading range for today is between 6870.00 and 7040.00

The expected trend for today: Bullish