The USDJPY price shows additional bullish bias to test 150.00$ barrier, and as we mentioned yesterday, the price needs to hold below this level to guarantee the continuation of the bearish trend in the upcoming sessions, as breaching it will lead the price to continue the rise and visit 151.05 as a next positive target.

The GBPUSD price returns to test 1.2605$, and the EMA50 meets this level to add more strength to it, while the RSI attempts to gain the positive momentum on the intraday time frames.

The EURUSD price fluctuates at 1.0455$ level and keeps its stability above it until now, getting continuous positive support by the EMA50, noticing that stochastic got rid of its negative momentum to gain new positive momentum.

KILT/USD kept falling in the intraday levels, amid the dominance of the main downward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite settling at oversold levels. 

Therefore we expect more losses for the price, targeting the support of $0.034, provided the resistance of $0.121 holds on.

Trend forecast for today: Bearish