The USDCAD pair trades positively to move away from 1.2365 level, which leads the price to achieve expected gains on the intraday basis, and the way is open to test 1.2475 level that represents the first positive target, which breaching it represents the key to rally towards 1.2590 as a next station.

Therefore, we expect to witness more rise in the upcoming sessions unless breaking 1.2365 level and holding below it.

The expected trading range for today is between 1.2350 support and 1.2500 resistance.

The expected trend for today: Bullish

The USDJPY pair provided clear negative trades yesterday to approach the key support 113.40, and bounced bullishly to move above the breached resistance line that appears on the chart, to keep the chances valid to resume the main bullish trend, which its targets begin by testing 114.70 level.

Therefore, the bullish trend scenario will remain active for the upcoming period, noting that breaking 113.40 will stop the suggested rise and press on the price to achieve more bearish correction.

The expected trading range for today is between 113.40 support and 114.50 resistance

The expected trend for today: Overall Bullish

The GBPUSD pair succeeded to achieve our waited target at 1.3605 and begins to rebound bullishly from there, to head towards potential test to 1.3665 level initially, noting that breaching this level will extend the bullish wave to reach 1.3720 as a next positive station.

Therefore, the bullish bias will be suggested for today unless breaking 1.3605 and holding below it, as breaking this level will press on the price to achieve additional decline that its next target reaches 1.3530.

The expected trading range for today is between 1.3560 support and 1.3720 resistance.

The expected trend for today: Bullish

The EURUSD pair settles around 1.1580 level, falling under the negative pressure that the EMA50 continues to form, waiting to resume the negative trading that its next main target located at 1.1525.

In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 1.1615 and holding above it, noting that surpassing the mentioned target will extend the bearish wave to reach 1.1400 as a next main station.

The expected trading range for today is between 1.1500 support and 1.1640 resistance.

The expected trend for today: Bearish