The USDJPY pair continues to rise to surpass 151.00 barrier and approach the main waited target at 151.70, to support the continuation of the expected bullish trend on the intraday and short term basis, noting that surpassing the mentioned level will extend the bullish wave to reach 152.50 areas as a next positive station.

Holding above 150.50 is important to achieve the suggested targets, as breaking it represents negative key that will put the price under correctional bearish pressure on the intraday basis.

The expected trading range for today is between 150.70 support and 152.00 resistance

The expected trend for today: Bullish

The GBPUSD pair bounced downwards clearly after testing 1.2300 in the previous sessions, to resume the expected bearish trend on the intraday basis and succeed achieving our first waited target at 1.2240, showing more decline to confirm the continuation of the negative trades domination to head towards our next station at 1.2170.

Therefore, the bearish trend scenario will remain valid and active, supported by moving below the EMA50, noting that the continuation of the bearish wave depends on the price stability below 1.2300.

The expected trading range for today is between 1.2140 support and 1.2280 resistance.

The expected trend for today: Bearish

The EURUSD pair fluctuates negatively to test the EMA50 that forms good support against the price, and by taking a deeper look at the chart, we find that the price is forming double top pattern that we expect to push the price to rally to achieve more decline in the upcoming sessions, and the targets begin by breaking 1.0640 to open the way to rally towards 1.0540 followed by 1.0450 areas as next main stations.

Therefore, the bearish bias will be suggested for today, taking into consideration that failing to break 1.0640 will stop the negative scenario and lea the price to recover again.

The expected trading range for today is between 1.0580 support and 1.0740 resistance.

The expected trend for today: Bearish

Qualcomm Incorporated's stock (QCOM) returned higher in the intraday levels, amid the dominance of the upward correctional wave in the short term, while trading above the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 122.75. 

Expected trend for today: Bullish