The USDJPY price shows calm positive trades to approach 162.00 barrier, waiting for more rise to test 162.40 that represents our next target, supported by the EMA50 that carries the price from below.

Breaching 161.80 will reinforce the expectations of continuing the bullish trend, while breaking 161.00 will put the price under negative pressure that its targets begin at 160.35 and extend to 159.25 before any new attempt to rise.

The expected trading range for today is between 161.00 support and 162.50 resistance

Trend forecast: Bearish

The GBPUSD price rallied upwards strongly yesterday after completing the bullish flag pattern mentioned in our last report, to approach our waited target at 1.2890$, and we suggest the continuation of the bullish bias to surpass this level and achieve additional rises that reach 1.3000$ barrier as a next positive target.

The EMA50 keeps supporting the price from below to reinforce the chances of continuing the expected bullish trend, which will remain valid conditioned by the price stability above 1.2780$.

The expected trading range for today is between 1.2800$ support and 1.2950$ resistance.

Trend forecast: Bullish

The EURUSD price begins to test 1.0840$ level now, waiting to breach this level to confirm the continuation of the bullish wave and achieve additional gains that reach 1.0915$, to continue suggesting the bullish trend for the upcoming period.

Stochastic current negativity might hinder the mission to achieve the required breach, waiting to gather positive momentum that assist to push the price to achieve more rise on the intraday and short-term basis, noting that breaking 1.0795$ will put the price under negative pressure to target 1.0720$ followed by 1.0675$ levels as initial negative stations.

The expected trading range for today is between 1.0760$ support and 1.0920$ resistance.

Trend forecast: Bullish

Read more: What is the future of the Euro? 

Ethereum price (ETHUSD) begins the attempts to breach the key resistance 3132.80$ to hint heading to achieve expected rises in the upcoming period, and the price needs to get a daily close above this level to confirm rallying towards 3290.00$ followed by 3360.31$ as next positive stations, taking into consideration that failing to confirm the breach might force the price to decline again to test 2905.30$ areas initially.