The USDJPY pair attempted to break 148.30 level but it couldn’t manage to hold below it, to fluctuate around 148.70, noticing that stochastic provides negative signals now, waiting to motivate the price to complete forming the double top pattern followed by resuming the expected bearish trend on the intraday basis, which its next main target located at 147.30.

Therefore, our bearish overview will remain valid and active, supported by the negative pressure formed by the EMA50, reminding you that it is important to hold below 149.15 to continue the expected decline.

The expected trading range for today is between 147.80 support and 149.20 resistance

The expected trend for today: Bearish

The GBPUSD pair succeeded to touch our waited target at 1.2297 and attempts to breach it now, to support the chances of extending the correctional bullish wave and head to achieve additional gains that reach 1.2460.

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that failing to breach 1.2297 and bounced bearishly to break 1.2205 will stop the expected rise and push the price to return to the main bearish track again.

The expected trading range for today is between 1.2210 support and 1.2380 resistance.

The expected trend for today: Bullish

The EURUSD pair managed to reach the main bearish channel’s resistance, accompanied by witnessing clear overbought signals through stochastic, which might push the price to resume the main bearish trend again, but we notice that the EMA50 supports the price from below, to provide chances to surpass the current resistance and start bullish correction on the intraday and short-term basis.

Therefore, the contradiction between the technical factors makes us prefer to stay aside until we get clearer signal for the next trend, noting that breaching 1.0625 will lead the price to achieve bullish correction that its first target located at 1.0760, while breaking 1.0555 will push the price to decline again and head towards 1.0450 followed by 1.0400.

The expected trading range for today is between 1.0520 support and 1.0700 resistance.

The expected trend for today: Neutral

Lyft's stock fell in the intraday levels while gathering positive momentum to shake off negative pressure from the 50-day SMA, amid the dominance of the upward correctional trend in the short term, with positive signals from the RSI despite reaching overbought levels.

Therefore we expect the stock to return higher, targeting the pivotal resistance of 12.80, provided it settles above 10.40. 

Expected trend for today: Likely Bullish