The GBPUSD pair tested the intraday bullish channel’s support line and begins bouncing bullishly from there, which keeps our bullish overview valid for today, which gets continuous support by the EMA50, reminding you that our next target is located at 1.4200, while achieving it requires holding above 1.3975.

The expected trading range for today is between 1.3950 support and 1.4120 resistance.

The expected trend for today: Bullish

The EURUSD pair provided temporary negative trades to test the EMA50, and it keeps its stability above it until now, to keep the chances valid to continue the expected positive scenario for today, which depends on the price stability above 1.2064, waiting to get enough positive momentum to push the price to resume the positive trades that target 1.2173 and extend to 1.2300 after surpassing the previous level.

The expected trading range for today is between 1.2060 support and 1.2210 resistance.

The expected trend for today: Bullish

The NZDCHF pair rallied upwards strongly to surpass the bearish channel’s resistance at 0.6485, to notice forming strong bullish waves and settles near 0.6565.

We expect to form new bullish attack as long as 0.6515 level forms the additional support and stochastic reach to the overbought areas, to target 0.6615 and 0.6675 levels.

The expected trading range for today is between 0.6515 and 0.6615

The expected trend for today: Bullish

The EURJPY pair continued to fluctuate within the sideways range represented by 128.30 resistance and 127.45 support line, to block the attempt to resume the previously expected bearish trend.

We expect to gather the negative momentum soon, and continue to fluctuate below the mentioned resistance, allowing us to expect forming strong bearish waves to surpass 127.45 and start recording the negative targets by moving towards 126.72 and 126.05 levels.

The expected trading range for today is between 128.30 and 126.72

The expected trend for today: Bearish