The calm trading remains dominant for the pair, as the price settles below EMA50, and found good support at 0.9885, while it needs to break it to open the way for more decline.
In general, our bearish expectations remains valid and active, initially targeting 0.9800, while holding below 1.0030 is required to keep it valid.
Expected trading range for today is between: 0.9800 support and 1.0030 resistance.
Expected trend for today: Bearish
The pair trading settled near 82.80, which represents one of the keys to detect the next trend for the price, besides the support level at 81.70
Until now, we are waiting to surpass one of the above mentioned levels to clear the next targets, and to review the waited targets, please read our previous report.
Expected trading range for today is between: 81.00 support and 83.50 resistance.
Expected trend for today: Depends on the above mentioned levels
The pair bounced down strongly after it was hard to breach the 1.6115 level, but as long as trading settled above 1.5995-1.5935, we will continue with our positive expectations on the intraday and short term basis, supported by Stochastic positivity.
Expected trading range for today is between: 1.5935 support and 1.6300 resistance.
Expected trend for today: Bullish
The pair declines sharply yesterday to break the retest level at 1.3000 and settle below it, to stop the previously suggested bullish scenario.
Now, we need to stop aside for today, awaiting more accurate signals for the trend, as Stochastic shows positive signs that might pull the price back to the upside, while the markets waiting for the unemployment and payroll data from the US economy afternoon.
Expected trading range for today is between: 1.2800 support and 1.3145 resistance.
Expected trend for today: Neutral