The GBPUSD pair faces negative pressure to test the intraday bullish channel’s support line that appears on the chart and begins to rebound bullishly now, to keep the bullish trend scenario valid and active for today, supported by the EMA50 that carries the price from below, which targets 1.3565 level as a next station, while achieving it requires holding above 1.3410.

The expected trading range for today is between 1.3400 support and 1.3575 resistance.

The expected trend for today: Bullish

The EURUSD pair trades with clear negativity to test the key support 1.1300, and the price still stuck between this support and 1.1375 resistance, to continue with our neutrality until we get clearer signal through breaching one of the mentioned levels.

Note that the details of the expected targets after the breach are explained in our morning report.

The expected trading range for today is between 1.1240 support and 1.1420 resistance.

The expected trend for today: Depends on the above mentioned levels

The CADJPY pair formed new positive rally due to the frequent consolidation within the bullish channel and leaning on the moving average 55 positivity that forms additional support at 89.05.

Reaching 89.90 now forms the first positive stations, expecting to gather the additional positive momentum to rally towards 90.30 direct, followed by waiting to provide strong positive pressures on 90.80 barrier in order to find a way to resume the bullish attack in the upcoming period.

The expected trading range for today is between 89.20 and 90.80

The expected trend for today: Bullish

The EURJPY pair repeated the positive closings by rallying above 129.80 level, to reinforce the domination of the previously expected bullish bias and notice its fluctuation near 130.35, noting that stochastic continuous positive momentum allows us to suggest more rise that might target 130.80 followed by 131.60 levels.

Any attempt to decline below the mentioned additional support will postpone the bullish attack, to surrender to the domination of the correctional bearish bias, with chances to suffer some losses by moving towards 129.10.

The expected trading range for today is between 129.80 and 130.80

The expected trend for today: Bullish