The USDJPY pair begins today positively to breach 146.55 level and attempts to hold above it, to hint stopping the bearish correction and head to resume the main bullish trend again, on its way to achieve new gains that start at 147.55 and extend to 148.40 as next main stations.

The EMA50 supports the price from below to reinforce the positive overview, which will remain valid unless breaking 146.55 followed by 145.95 levels and holding below them.

The expected trading range for today is between 146.10 support and 147.60 resistance

The expected trend for today: Bullish

The GBPUSD pair continues to fluctuate around 1.2625 level and keeps its stability below it, and continues to move inside the bearish channel that appears on the chart, noticing that stochastic provides clear negative signals now, which supports the chances of resuming the expected bearish trend on the intraday and short-term basis, reminding you that our next target is located at 1.2505.

Therefore, the bearish trend scenario will remain valid and active, supported by the negative pressure formed by the EMA50, reminding you that it is important to hold below 1.2625 to continue the expected decline.

The expected trading range for today is between 1.2520 support and 1.2670 resistance.

The expected trend for today: Bearish

The EURUSD pair fluctuates around 1.0785 level, noticing that stochastic overlaps negatively now, waiting to motivate the price to resume the negative trades to break the mentioned level and head towards 1.0700 that represents our next negative target.

The EMA50 continues to press negatively on the price to support the continuation of the expected bearish trend, taking into consideration that failing to consolidate below 1.0785 will push the price to achieve intraday gains that target testing 1.0880 before any new attempt to decline.

The expected trading range for today is between 1.0695 support and 1.0845 resistance.

The expected trend for today: Bearish

Brent oil price fluctuates within sideways track since morning, affected by stochastic negativity to show some slight bearish bias, thus, no change to the expected bullish trend for today, which depends on the price stability above 88.20, reminding you that we are waiting to visit 90.00 followed by 92.35 levels as next main targets.

The expected trading range for today is between 87.55 support and 90.70 resistance.

The expected trend for today: Bullish