The USDJPY price found solid support at 153.75 and couldn’t manage to break it, to rebound upwards clearly and surpass 154.96 level, noticing that the price begins today with more rise to attempt to return to the main bullish channel, which pushes the price to achieve more gains in the upcoming period, targeting testing 156.45 as a next positive station.

Therefore, the bullish trend will be expected on the intraday and short-term basis, taking into consideration that breaking 154.96 will stop the expected rise and push the price to decline again.

The expected trading range for today is between 154.70 support and 156.40 resistance

Trend forecast: Bullish

The GBPUSD price declined strongly by today’s open to return to the main bearish channel, and we expect the continuation of the bearish bias in the upcoming session to visit 1.2100$ as a next main target.

Therefore, the bearish bias will be expected on the intraday and short-term basis, affected by the completion of the double top pattern that appears on the chart, noting that breaching 1.2360$ will stop the expected decline and lead the price to attempt to achieve additional bullish correction in the upcoming period.

The expected trading range for today is between 1.2170$ support and 1.2330$ resistance

Trend forecast: Bearish

The EURUSD price opened today’s trading with strong bearish gap that pushed the price to touch the extended waited target at 1.0220$, affected by Trump decision to impose Tariffs on Canda and Mexico, and mentioning the chances of expanding the Tariffs to reach the European Union countries, to fall under expected negative pressure in the upcoming period, noting that breaking the current areas will push the price to visit 1.0100$ barrier as a next main station.

Therefore, we expect to witness more decline in the upcoming sessions, noting that failing to break 1.0220$ will lead the price to start recovery attempts and head to test 1.0325$ initially.

The expected trading range for today is between 1.0140$ support and 1.0300$ resistance

Trend forecast: Bearish

Ethereum price (ETHUSD) rallied upwards to surpass our first target at 3310.00$ and reach the second waited target at 3425.50$, and the way seems open to achieve additional gains that reach 3680.00$ on the intraday and short-term basis, noting that the continuation of the bullish wave depends on the price stability above 3222.00$.