The GBPUSD price’s rise stopped at the minor bullish channel’s resistance line that appears on the chart, to rebound bearishly and head towards achieving expected decline in the upcoming sessions, targeting testing the mentioned channel’s support line around 1.2210$, noting that this channel forms potential bearish flag pattern that might push the price to resume the main bearish track within the main bearish channel that appears on the image.

Therefore, we expect to witness negative trades today, taking into consideration that the consolidation of 1.2300$ level against the negative attempts will lead the price to recover again and head to test 1.2440$ areas mainly.

The expected trading range for today is between 1.2230$ support and 1.2380$ resistance

Trend forecast: Bearish

The EURUSD price managed to touch 1.0455$ level, noticing that the price found solid resistance there to start bouncing bearishly, on its way to build expected bearish wave on the intraday basis, targeting testing 1.0325$ areas initially.

Therefore, the bearish bias will be suggested for today, taking into consideration that breaching 1.0455$ will stop the negative scenario and lead the price to achieve bullish correction that its next target reaches 1.0600$.

The expected trading range for today is between 1.0325$ support and 1.0470$ resistance

Trend forecast: Bearish

Zcash’s currency price (ZECUSDT) edged higher in the intraday levels, while hurt by piercing the upward secondary trend line in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels. 

Therefore we expect the price to return lower, provided the resistance of $55.10 holds on, thus targeting the support of $36.40.

Trend forecast for today: Likely Bearish 

Flow/USD currency price slipped in the intraday levels, with negative pressure due to trading below the 50-day SMA, amid the dominance of the downward trend, but countered with positive signals from the RSI after reaching oversold levels, as the price tries to vent off such saturation.

Therefore we expect the price to decline and target the first support at $0.630, provided the resistance of $0.811 holds on.

Trend forecast for today: Bearish