The USDJPY pair provided additional positive trades to surpass 136.00 barrier and settles above it, to support the continuation of the expected bullish wave on the intraday and short term basis, which gets continuous support by the EMA50, reminding you that our next main target reaches 137.70.

Stochastic gets rid of its negative momentum clearly to support the chances of continuing the expected bullish trend, noting that holding above 134.80 is important to achieve the waited targets, as breaking it will put the price under negative pressure that targets visiting 133.30 areas before any new positive attempt.

The expected trading range for today is between 135.30 support and 136.85 resistance

The expected trend for today: Bullish

The GBPUSD pair settled above 1.2500 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, waiting to visit 1.2550 followed by 1.2680 levels as main positive targets.

Stochastic current negatively might hinder the mission to rise, waiting to gather positive momentum that assists to push the price to resume the bullish wave and achieve the suggested targets.

On the other hand, we should note that breaking 1.2450 will stop the expected bullish wave and put the price under the correctional bearish pressure again.

The expected trading range for today is between 1.2450 support and 1.2620 resistance.

The expected trend for today: Bullish

The EURUSD pair shows sideways trades since yesterday, keeping its stability below the broken bullish trend line that turns into resistance now at 1.0890, which keeps the correctional bearish scenario valid, waiting to break 1.0860 to confirm resuming the bearish wave that its next target located at 1.0795.

Stochastic loses its positive momentum and begins to overlap negatively now, to motivate the price to resume the negative trades in the upcoming sessions, noting that breaching 1.0890 will stop the expected decline and lead the price to attempt to regain the main bullish trend again, to start the positive targets by testing 1.0945 areas.

The expected trading range for today is between 1.0790 support and 1.0920 resistance.

The expected trend for today: Bearish

Ford's stock (F) fell in the intraday levels amid the dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA, with negative signals from the RSI after reaching overbought levels, marking a loss of 1.68% in the last session, or 20 cents, and settling at 11.67, with trading volumes surpassing 45 million shares, above 10-day averages of 62 million shares.

Therefore we expect more losses for the stock, targeting the pivotal support of 11.00, provided the resistance of 12.00 holds on.

Expected trend for today: Bearish