The GBPUSD pair resumes its positive trading to attack 1.4000 barrier, reinforcing the expectations of continuing the bullish trend, which its next targets extend to reach 1.4200, noting that the EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 1.3935.

The expected trading range for today is between 1.3900 support and 1.4050 resistance.

The expected trend for today: Bullish

The EURUSD pair rallies upwards strongly to approach our first waited target at 1.2173, to keep the bullish trend scenario valid and active for today, noting that breaching the mentioned level is considered as the key to extend the bullish wave towards 1.2300, while holding above 1.2064 represents key condition to continue the expected rise.

The expected trading range for today is between 1.2000 support and 1.2180 resistance.

The expected trend for today: Bullish

The GBPNZD pair faced strong positive pressures to notice surpassing the bearish channel’s resistance at 1.9220, to move to the bullish track and starts recording some targets by touching 1.9416.

The stability of the moving average 55 near the breached resistance will support forming key support line against the bullish trades, also, stochastic approach to 80 level will activate the bullish bias domination, to expect targeting 1.9470 level soon, followed by reaching 61.8% Fibonacci correction level at 1.9630.

The expected trading range for today is between 1.9265 and 1.9400

The expected trend for today: Bullish

The Australian index couldn’t succeed to hold for long time above 6830.00 barrier, to notice forming correctional bearish wave and settle near 6775.00, also, stochastic provides the negative momentum to increase the negative pressures on the price, expecting to suffer additional losses that might extend towards 6680.00 followed by reaching the bullish channel’s support line at 6575.00.

The expected trading range for today is between 6830.00 and 6680.00

The expected trend for today: Bearish