The USDJPY price managed to achieve our waited target at 153.75 and settles there, which represents 50% Fibonacci correction level for the rise from 148.64 to 158.87, which means that breaking this level will extend the correctional bearish wave to reach 152.55 direct.

The EMA50 forms continuous negative pressure against the price to support the chances of continuing the bearish trend in the upcoming period, reminding you that the continuation of the bearish wave requires holding below 154.96.

The expected trading range for today is between 153.40 support and 154.90 resistance

Trend forecast: Bearish

The GBPUSD price returns to test the key support 1.2415$, as it found difficulty to return to the intraday bullish channel, to hint potential return to the main bearish track and stop the current bullish correction.

Now, we prefer to stay aside until we get clearer signal for the next trend, noting that breaking 1.2415$ followed by 1.2380$ levels will push the price to decline and target 1.2240$ followed by 1.2100$ areas as main negative stations, while breaching 1.2490$ will lead the price to rally towards 1.2609$ direct.

The expected trading range for today is between 1.2340$ support and 1.2510$ resistance

Trend forecast: Neutral

The EURUSD price trades negatively since yesterday, and by taking a deeper look at the chart, we find that the price formed head and shoulders’ pattern that its confirmation line located at the current areas around 1.0385$, thus, breaking this level will push the price to continue the decline and achieve our negative targets that start at 1.0325$ and extend to 1.0220$ after breaking the previous level.

Therefore, we will continue to suggest the bearish trend for the upcoming period, taking into consideration that breaching 1.0455$ will stop the expected decline and lead the price to achieve bullish correction on the intraday and short-term basis.

The expected trading range for today is between 1.0300$ support and 1.0455$ resistance

Trend forecast: Bearish

Ethereum price (ETHUSD) achieved initial breach to 3222.00$ and closed the last four hours’ candlestick above it, to hint heading to activate the positive scenario on the intraday basis, which targets 3335.00$ followed by 3425.50$ levels as next main stations, taking into consideration that the price needs to consolidate above 3222.00$ to guarantee the continuation of the bullish wave in the upcoming sessions and achieve the suggested targets.