The USDJPY pair starts today with strong negativity to surpass our first target at 140.40 and reach the second expected target at 139.17, and we suggest the continuation of the negative pressure to surpass the last level and open the way to achieve additional negative targets that reach 137.35 areas on the near-term basis.

Therefore, the bearish trend will remain expected in the upcoming sessions, supporting by moving below the EMA50, taking into consideration that failing to break 139.17 will stop the negative scenario and lead the price to start recovery attempts that target 140.40 followed by 141.40 levels mainly.

The expected trading range for today is between 138.80 support and 140.40 resistance

The expected trend for today: Bearish

The GBPUSD pair breached our first target at 1.2935 clearly and closed the daily candlestick above it, starting today with additional positivity to move away from this level, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis, and the way is open to visit 1.3010 that represents our next target.

Therefore, our bullish overview will remain valid, supported by the EMA50 that carries the price from below, noting that breaking 1.2935 will stop the bullish bias and push the price to turn to decline.

The expected trading range for today is between 1.2900 support and 1.3050 resistance.

The expected trend for today: Bullish

The EURUSD pair shows more bullish bias to start attempts to breach 1.1105 level, which hints heading to resume the bullish trend and stop the bearish correction that dominated the recent trades, waiting for more rise to head towards 1.1170 as a next positive station.

Therefore, the bullish trend will be expected for today, waiting to get positive motive that assist to push the price to breach the current areas and achieve gains that extend to 1.1210 followed by 1.1275 on the near-term basis, noting that breaking 1.1055 will stop the positive scenario and push the price to decline again.

The expected trading range for today is between 1.1040 support and 1.1190 resistance.

The expected trend for today: Bullish

Brent oil price fluctuates within sideways track since morning, and still below 83.50 level, waiting to gather enough positive momentum to resume the bullish bias and surpass this level to confirm the continuation of the expected bullish wave for the upcoming period.

Until now, the bullish trend scenario still valid as long as 82.00 level remains intact, reminding you that our next main target reaches 85.00.

The expected trading range for today is between 82.00 support and 85.00 resistance.

The expected trend for today: Bullish