The USDJPY price couldn’t manage to hold for long time above 156.45, to trade negatively and head towards visiting 38.2% Fibonacci correction level at 154.96 again, noting that breaking this level will push the price out of the bullish channel to achieve more bearish correction that targets 153.75 areas as a next main station.

Therefore, the bearish bias will be suggested for today unless breaching 156.45 and holding above it.

The expected trading range for today is between 155.00 support and 156.50 resistance

Trend forecast: Bearish

The GBPUSD price bounced upwards clearly after the consolidation of 1.2300$ support line against the recent negative attempts, to approach the main bearish channel’s resistance now, and we prefer to stay aside until the price confirms its situation according to the key levels represented by the mentioned support and 1.2440$ resistance.

Note that the continuation of the rise and breaching this resistance will push the price to start bullish correction that its first main target located at 1.2610$, while breaking the support represents the key to resume the main bearish trend and head to achieve negative targets that start by visiting 1.2210$ areas.

The expected trading range for today is between 1.2300$ support and 1.2475$ resistance

Trend forecast: Neutral

The EURUSD price leaned on the EMA50 and bounced bullishly to test 1.0455$ level, to hint heading to achieve additional bullish correction in the upcoming sessions, noting that breaching this level will push the price to visit 38.2% Fibonacci correction level at 1.0600$.

Therefore, the bullish bias will be suggested for today, noting that failing to breach 1.0455$ will push the price to decline again and head to test 1.0325$ areas initially.

The expected trading range for today is between 1.0360$ support and 1.0520$ resistance

Trend forecast: Bullish

Toncoin price (TONCOIN) fell in the intraday levels, while trading alongside the downward secondary trend line in the short term, with negative pressure due to trading below the 50-day sMA, while venting off oversold saturation in the RSI. 

Therefore we expect more losses for the price, targeting the pivotal support of $4.54280604, provided the resistance of 5.66001789 holds on.

Trend forecast for today: Bearish