The GBPUSD pair leaned on the bullish channel’s support line and bounced bullishly to resume the main bullish trend, and the way is open to achieve our waited target at 1.3660.
Therefore, we will continue to suggest the bullish trend that gets continuous support by the EMA50, noting that the continuation of the bullish wave requires holding above 1.3555.
The expected trading range for today is between 1.3520 support and 1.3690 resistance.
The expected trend for today: Bullish
The EURUSD pair shows new bullish bias to approach gradually from 1.1375 level, which hints heading to surpass this level and open the way to achieve more expected gains on the intraday basis, supported by stochastic positivity.
Therefore, the bullish bias will be expected for the upcoming sessions, and breaching 1.1375 will confirm rallying towards 1.1500 followed by 1.1560 levels as next positive targets, taking into consideration that breaking 1.1285 will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 1.1285 support and 1.1420 resistance.
The expected trend for today: Bullish
Sugar price shows more bullish bias to reach the thresholds of the waited target at 17.70, waiting to break this level to confirm the extension of the bearish wave, as our next target reaches 17.00.
The bearish channel continues to organize the suggested bearish wave, which will remain valid conditioned by the price stability below 18.25 and 18.70.
The expected trading range for today is between 17.50 support and 18.10 resistance
The expected trend for today: Bearish
Soybean price resumes its positive trades after testing 1400.00 level since morning, to keep our bullish overview that depends on the price stability above 1370.00, supported by the EMA50 that carries the price from below, reminding you that our next main target is located at 1433.70.
The expected trading range for today is between 1380.00 support and 1430.00 resistance.
The expected trend for today: Bullish