The GBPUSD pair provided slight positive trades but it returns to decline now, waiting for more bearish bias to test 1.2077 initially, reminding you that breaking it will lead the price to head towards 1.1933 as a next target, while the bearish trend scenario will remain active conditioned by the price stability below 1.2225.

The expected trading range for today is between 1.2040 support and 1.2200 resistance.

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The expected trend for today: Bearish

The EURUSD pair fluctuates within tight track since morning, waiting to get negative motive that assist to push the price to resume the expected bearish trend for today, which targets 1.0355 as a next main station, reminding you that the continuation of the bearish wave depends on the price stability below 1.0550.

The expected trading range for today is between 1.0360 support and 1.0500 resistance.

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The expected trend for today: Bearish

The USDTRY pair faced strong negative pressures recently, which pushed it to exit the bullish track by crawling below 16.8660 support line, suffering some losses by declining towards 16.0290 that forms 50% Fibonacci correction level.

The current positive rebound hints the attempts to gather the additional negative momentum, to expect consolidating below the broken support and start forming new negative trades to target 16.3000 followed by repeating the pressure on 16.0000 barrier.

The expected trading range for today is between 16.7250 and 16.3000

The expected trend for today: Bearish

The Australian index kept its stability below the moving average 55 that formed additional barrier at 6880, to increase the efficiency of the correctional bearish track, while stochastic negative momentum signals allow us to expect renewing the negative attack, to move towards 6415 level, and surpassing it will increase the chances of testing the main bullish channel’s support line at 6180.

The expected trading range for today is between 6650 and 6450

The expected trend for today: Bearish