The USDJPY price trades positively by today’s open to breach 150.20 and settle above it, to hint heading to recover in the upcoming sessions and attempt to regain the main bullish trend again, targeting testing 151.40 followed by 152.70 levels as next positive stations.

Therefore, we expect to witness positive trades on the intraday basis, supported by the RSI positivity, taking into consideration that breaking 150.20 and holding below it will put the price under additional correctional bearish pressure that its next target reaches 148.16 areas.

The expected trading range for today is between 150.00 support and 151.40 resistance

Trend forecast: Bullish

The GBPUSD price begins to rebound bearishly after touching the bearish channel’s resistance line that appears on the chart, and according to the trading rules inside the channels, the price is on its way to build bearish wave that targets testing 1.2566$ areas initially, and extend to go further to 1.2400$ after breaking the previous level.

Therefore, we expect to witness negative trades in the upcoming sessions, and breaking 1.2655$ will ease the mission of achieving the suggested targets, while breaching 1.2735$ represents the key to exit the mentioned bearish channel followed by heading to achieve new gains that reach 1.2865$ on the near-term basis.

The expected trading range for today is between 1.2600$ support and 1.2750$ resistance

Trend forecast: Bearish

The EURUSD price couldn’t manage to hold above 1.0563$ level, to trade with clear negativity by today’s open, noticing that the price completed forming rising wedge pattern that we expect to put the price under negative pressure in the upcoming sessions, targeting testing 1.0475$ initially, noting that breaking this level will push the price towards 1.0400$ as a next negative station.

Therefore, the bearish bias will be suggested for today, noting that breaching 1.0563$ will stop the negative scenario and lead the price to achieve additional bullish correction that its next target reaches 1.0634$.

The expected trading range for today is between 1.0440$ support and 1.0580$ resistance

Trend forecast: Bullish

Ethereum price (ETHUSD) shows additional positive trades to surpass 3600.00$ barrier and reinforce the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our next targets start at 3700.00$ and extend to 3850.00$, while achieving them requires holding above 3545.30$.