The USDCAD pair managed to touch 1.2590 level and attempts to breach it, reinforcing the expectations of extending the bullish wave on the intraday basis, which targets 1.2725 as a next main station.

The EMA50 supports the expected rise, reminding you that it is important to hold above 1.2480 to continue the positive scenario.

The expected trading range for today is between 1.2520 support and 1.2660 resistance.

The expected trend for today: Bullish

The USDJPY pair shows more bullish bias to move above 124.00 barrier now, reinforcing the expectations of continuing the bullish trend, and the way is open to head towards our next waited target at 125.00.

The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 122.62 and holding below it.

The expected trading range for today is between 123.50 support and 125.00 resistance

The expected trend for today: Bullish

The GBPUSD pair trades with calm negativity, falling under continuous negative pressure coming by the EMA50, to continue suggesting the bearish trend for today, which targets 1.3000 as a next station.

Holding below 1.3145 is important to continue the expected decline, noting that breaking the targeted level will extend the bearish wave to reach 1.2900 as a next negative target.

The expected trading range for today is between 1.2980 support and 1.3130 resistance.

The expected trend for today: Bearish

The EURUSD pair shows new negative trades to move away from 1.0900 barrier, reinforcing the expectations of continuing the bearish trend, and we believe that the way is open to head towards our main waited target at 1.0775.

The EMA50 continues to support the suggested bearish wave, which will remain valid unless the price rallied to breach 1.0950 and hold above it.

The expected trading range for today is between 1.0780 support and 1.0930 resistance.

The expected trend for today: Bearish