The USDJPY pair settles above the breached resistance that appears on the chart, getting positive support by the technical indicators, to head towards building expected bullish wave in the upcoming sessions, targeting 131.50 followed by 133.30 levels as main positive stations.
Therefore, the bullish bias will be expected for today, taking into consideration that breaking 129.70 will stop the suggested rise and press on the price to turn to decline again.
The expected trading range for today is between 129.70 support and 131.40 resistance
The expected trend for today: Bullish
The GBPUSD pair provided more negative trades to break the intraday bullish channel’s support line and test the critical support 1.2320, noticing that the price consolidates above this support until now, accompanied by witnessing positive signals through stochastic, which supports the chances of resuming the bullish trend that its targets begin by breaching 1.2440 to open the way to head towards 1.2590.
On the other hand, we should note that breaking 1.2320 will put the price under additional negative pressure that targets 1.2160 areas initially.
The expected trading range for today is between 1.2250 support and 1.2420 resistance.
The expected trend for today: Bullish
The EURUSD pair trades with calm positivity to test 1.0900 barrier, getting continuous support by the EMA50, to keep the bullish trend scenario active for the upcoming period, waiting to visit 1.1030 as a next main target.
Holding above 1.0840 is important to continue the expected rise, as breaking it will press on the price to test the most important support at 1.0745 before any new positive attempt.
The expected trading range for today is between 1.0820 support and 1.0970 resistance.
The expected trend for today: Bullish
City Group's stock (C) rose in the intraday levels, amid the dominance of the upward correctional wave in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI after venting off overbought saturation.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 54.40, provided the support of 47.85 holds on.
Expected trend for today: Bullish