The USDCAD pair continues the attempts to surpass 1.2600, noticing that the price lacks the positive momentum, waiting to get positive motive that assist to push the price to continue the expected bullish trend for the upcoming period, which targets 1.2745 as a next station.

In general, the bullish trend will remain active unless breaking 1.2525 and holding below it.

The expected trading range for today is between 1.2525 support and 1.2650 resistance.

The expected trend for today: Bullish

The USDJPY pair shows more rise to start attacking 109.22 level, which hints the price head to activate the positive scenario in the upcoming period, on its way to visit 110.30 that represents first positive target.

Therefore, the bullish trend will be suggested for today supported by moving above the EMA50, noting that breaking 108.85 will stop the expected rise and press on the price to turn to decline.

The expected trading range for today is between 108.80 support and 109.90 resistance

The expected trend for today: Bullish

The GBPUSD pair trades with clear positivity to approach retesting the broken neckline of the double top pattern that its signs appear on the chart, noticing that stochastic shows clear overbought signals, while the EMA50 meets the key resistance formed at 1.3800 to add more strength to it.

Therefore, these factors encourage us to continue suggesting the bearish trend for the upcoming period, which targets 1.3580 as a next station, while achieving it requires holding below 1.3800.

The expected trading range for today is between 1.3660 support and 1.3830 resistance.

The expected trend for today: Bearish

The EURUSD pair closed the last daily candlestick below 1.1780, to reinforce the expectations of continuing the bearish trend in the upcoming period, on its way to visit 1.1700 that represents our next negative target.

The EMA50 continues to support the suggested bearish wave, taking into consideration that consolidating above 1.1780 will stop the expected decline and lead the price to start recovery attempts that target testing 1.1880 areas initially.

The expected trading range for today is between 1.1690 support and 1.1850 resistance.

The expected trend for today: Bearish