The USDJPY pair keeps its stability above 105.20 level, getting continuous positive support by the EMA50, noticing that stochastic reaches the oversold areas now.

Therefore, we believe that the chances valid to resume the intraday bullish trend, which targets 106.00 followed by 106.44 levels mainly, while achieving them requires holding above 105.20.

The expected trading range for today is between 104.90 support and 106.30 resistance

The expected trend for today: Bullish

The GBPUSD pair ended last Friday’s trading above the bullish channel’s support line that appears on the chart, which stops the recently suggested negative scenario and leads the price to resume the main bullish trend, on its way to achieve positive targets that start at 1.3815.

Therefore, the bullish bias will be expected for today supported by moving above the EMA50, noting that the continuation of the bullish wave requires holding above 1.3685.

The expected trading range for today is between 1.3670 support and 1.3830 resistance.

The expected trend for today: Bullish

The EURUSD pair’s rally stopped at the EMA50 that formed good resistance against the price, to keep the price below 1.2064, keeping its stability inside the bearish channel, to keep the chances valid to resume the correctional bearish track, supported by stochastic negativity.

Therefore, we expect witnessing negative trades in the upcoming sessions unless the price rallied again to breach 1.2064 followed by 1.2095 levels and hold above them, noting that our waited targets begin at 1.1976 and extend to 1.1888 after breaking the previous level.

The expected trading range for today is between 1.1950 support and 1.2100 resistance.

The expected trend for today: Bearish

Gold price approached 1820.00 level, and as long as the price is below this level, our bearish overview will remain valid for the upcoming period, supported by the EMA50 besides stochastic reach to the overbought areas, noting that our next main target extends to 1765.00.