The USDCAD pair keeps providing the strong positive trades to touch 1.2900 barrier, reinforcing the expectations of continuing the bullish trend, which targets 1.2950 as a next main station.

Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, noting that holding above 1.2835 represents initial condition to continue the positive scenario.

The expected trading range for today is between 1.2830 support and 1.2960 resistance.

The expected trend for today: Bullish

The USDJPY pair shows additional positive trades to approach 116.00 barrier, which supports the continuation of the bullish trend scenario, and the way is open to achieve our next target at 116.35.

The EMA50 continues to support the suggested bullish wave, noting that breaking 115.35 might press on the price to test 114.65 again before any new attempt to rise.

The expected trading range for today is between 115.40 support and 116.50 resistance

The expected trend for today: Bullish

The GBPUSD pair managed to break the bearish flag support line mentioned in our last report and settles below it, to get negative motive that supports the continuation of the bearish trend, paving the way to head towards our next target at 1.3000.

Therefore, we will continue to suggest the bearish trend for the upcoming period supported by the negative signal provided by stochastic, reminding you that it is important to hold below 1.3172 to continue the expected decline.

The expected trading range for today is between 1.3020 support and 1.3180 resistance.

The expected trend for today: Bearish

The EURUSD pair tested the key resistance 1.0945 and keeps its stability below it, to keep the chances valid to resume the expected bearish trend for the upcoming period, which its next main target located at 1.0775.

Note that breaching 1.0945 will stop the suggested negative scenario and lead the price to achieve intraday gains that start by testing 1.1050 and might extend to 1.1145 before any new negative attempt.

The expected trading range for today is between 1.0810 support and 1.0980 resistance.

The expected trend for today: Bearish