The GBPUSD pair returns to test 1.3355 level and still below it, and the EMA50 forms continuous negative pressure against the price, thus, no change to the bearish trend scenario that depends on the price stability below the mentioned level, waiting to resume the bearish wave that its next main target located at 1.3160.
The expected trading range for today is between 1.3240 support and 1.3390 resistance.
The expected trend for today: Bearish
The EURUSD pair hovers around the EMA50 since morning, and stochastic continues to provide the negative signals, to keep our bearish overview that depends on the price stability below 1.1375, waiting to head towards 1.1145 as a next main target.
The expected trading range for today is between 1.1190 support and 1.1340 resistance.
The expected trend for today: Overall bearish
The GBPAUD pair started to get the positive momentum, to move away from the major support near 1.7700, forming bullish rally and achieving 1.8766 level recently.
Now, the moving average 55 forms additional support at 1.8370, in addition to stochastic providing the positive momentum signals, which allow us to suggest more bullish attempts that might target 1.8965 followed by 1.9155 levels in the medium term period.
The expected trading range for today is between 1.8540 and 1.8900
The expected trend for today: Bullish
The European index succeeded to end the correctional bearish attack by testing the main bullish channel’s support line at 4035.00, to force it to rebound bullishly towards 4160.00 and confirm keeping the domination of the bullish bias for the upcoming period.
We remind you that it is important to hold above the mentioned support to increase the chances of gathering the required positive momentum to resume the bullish attempts until reaching the positive stations at 4210.00 and 4265.00.
The expected trading range for today is between 4090.00 and 4210.00
The expected trend for today: Bullish