The GBPUSD pair begins today with bullish bias that hints heading to resume the main bullish track, motivated by the positive overlapping signal provided by stochastic now, waiting for more rise to visit 1.3815 that represents our next main target.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 1.3660 and holding below it.
The expected trading range for today is between 1.3660 support and 1.3815 resistance.
The expected trend for today: Bullish
The EURUSD pair completed forming bullish pennant pattern that appears on the chart, as it breaches this pattern’s resistance now, to get positive motive that we are waiting to assist to push the price to resume the bullish trend and head towards our positive targets that start at 1.1500 followed by 1.1560.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period unless breaking 1.1375 and holding below it.
The expected trading range for today is between 1.1400 support and 1.1560 resistance.
The expected trend for today: Bullish
The NZDUSD pair trades with clear positivity to reach the thresholds of the first waited target at 0.6895, reinforcing the expectations of continuing the domination of the bullish correction in the upcoming sessions, which its targets extend to 0.6960 after surpassing the previous level, reminding you that achieving the suggested targets requires holding above 0.6820.
The expected trading range for today is between 0.6820 support and 0.6920 resistance
The expected trend for today: Bullish
The AUDUSD pair resumes the bullish rally to approach our waited target at 0.7340, and we expect surpassing this level to open the way to visit 0.7420 as a next positive target.
Therefore, the bullish trend will remain valid and active for the upcoming period unless breaking 0.7275 and holding below it.
The expected trading range for today is between 0.7240 support and 0.7340 resistance
The expected trend for today: Bullish