The GBPUSD pair trades with clear positivity to test the key resistance 1.3680, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend valid for today, supported by the negative pressure formed by the EMA50, reminding you that our next main target is located at 1.3570.

The expected trading range for today is between 1.3540 support and 1.3780 resistance.

The expected trend for today: Bearish

The EURUSD pair shows positive trades now to approach the EMA50, affected by stochastic positivity, while the bearish trend scenario still valid for today unless the price rallied to breach 1.1780 and hold above it, noting that we are waiting to visit 1.1605 as a main target.

The expected trading range for today is between 1.1610 support and 1.1750 resistance.

The expected trend for today: Bearish

Despite the EURGBP pair’s recent weak trades, its frequent negative consolidation below 0.8615 resistance supports our bearish overview for the upcoming period, thus, we will keep waiting to gather the additional negative momentum to ease the mission of achieving the negative targets, located near 0.8490 and 0.8410.

The expected trading range for today is between 0.8600 and 0.8500

The expected trend for today: Bearish

The Australian index got rid of the negative pressures after testing 7120.00 support line, to notice forming strong bullish rally and surpass the moving average 55 to settle near 7370.00.

We expect to form additional support at 7285.00, while stochastic continues to provide the positive momentum, allowing us to renew the bullish attempts to target 7435.00 followed by reaching the extended resistance at 7590.00 on the medium term basis.

The expected trading range for today is between 7300.00 and 7435.00

The expected trend for today: Bullish