The USDJPY price touched 154.96 level and found solid support there, to fluctuate within sideways track between this support and 156.45 resistance, and we prefer to stay aside util the price manages to breach one of these levels to detect its next destination clearly.
Note that breaking the mentioned support will push the price to achieve additional bearish correction that its next target reaches 153.75, while breaching the resistance represents the key to resume the main bullish trend and achieve gains that start at 157.65 and extend to 158.87.
The expected trading range for today is between 154.80 support and 156.40 resistance
Trend forecast: Neutral
The GBPUSD price continued to rise to breach 1.2415$ and settle above it, which represents 23.6% Fibonacci correction level for the decline from 1.3434$ to 1.2100$, which opens the way to achieve more bullish correction and head to visit 1.2609$ areas on the near-term basis.
Therefore, the bullish bias will be suggested for the upcoming sessions, taking into consideration that breaking 1.2415$ will stop the bullish wave and push the price back to the main bearish channel again.
The expected trading range for today is between 1.2375$ support and 1.2530$ resistance
Trend forecast: Bullish
The EURUSD price ended last Friday above 1.0455$ level, to confirm the continuation of the correctional bullish trend domination and head towards visiting 1.0600$ areas as a next positive station.
Therefore, we expect to witness more rise in the upcoming sessions, supported by the EMA50 that carries the price from below, noting that breaking 1.0455$ will stop the bullish wave and push the price to attempt to return to the main bearish track again.
The expected trading range for today is between 1.0400$ support and 1.0540$ resistance
Trend forecast: Bullish
Ethereum price (ETHUSD) managed to touch our first waited target at 3425.50$ and finds solid resistance cluster there, waiting to get positive motive that push the price to breach this level and open the way to continue the main bullish trend, which targets 3678.00$ areas as a next main station.
In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 3222.00$ and holding below it.
The expected trading range for today is between 3250.00$ support and 3480.00$ resistance.
Trend forecast: Bullish