The quiet trading dominated the pair’s trading yesterday, which remains limited within the rising wedge shown at the image; this pattern supports the general expectation of the bearish trend.

Note that breaching 0.9915 will activate the bearish wave which mainly targets 0.9885 followed by 0.9800 for today.

Expected trading range for today is between: 0.9800 support and 1.0030 resistance.

Expected trend for today: Bearish

The pair’s trading bounced lower from the main target levels at 82.35, where the price achieved some bearishness affected by Stochastic negativity.

In general, the bullish trend still valid on the intraday and short term basis, and the main targets at 83.45 followed by 84.10, taking into consideration that breaking 81.45 will decrease the chances of continuing this bullishness and leads to potential return to the previous bearish trend.

Expected trading range for today is between: 82.00 support and 83.45 resistance.

Expected trend for today: Bullish

The pair showed a sideways trading range yesterday that limited between the bearish channel resistance at 1.6020 and EMA50 which acting as support now at 1.5920, while we still prefer continuing in neutrality specially after achieving some bullish moves which we are waiting to touch the mentioned resistance.

We remind you that breaching above this resistance will ease the way to confirm stopping the current bearish correction, while breaching below 1.5900 will open the way for more bearish correction.

Expected trading range for today is between: 1.5800 support and 1.6100 resistance.

Expected trend for today: Neutral

The pair achieved good bullishness yesterday and approached from hitting the initial target at 1.2910, to settle near it.

In general, we expect more bullishness for today, and the next target located at the psychological barrier 1.3000, while achieving it requires stability above 1.2800

Expected trading range for today is between: 1.2800 support and 1.3040 resistance.

Expected trend for today: Bullish