The USDJPY pair rallied upwards strongly to surpass our waited target at 125.00 and settles above it, opening the way to extend the bullish wave on the short term and medium term basis, on its way to achieve additional gains that reach 126.55.

The EMA50 continues to support the suggested bullish wave, noting that the continuation of the expected rise requires holding above 125.00 and the most important above 124.30.

The expected trading range for today is between 125.00 support and 126.20 resistance

The expected trend for today: Bullish

The GBPUSD pair fluctuates near 1.3000 level, falling under continuous negative pressure coming by the EMa50, to support the chances of breaking this level and confirm extending the bearish wave towards 1.2900.

In general, we will continue to suggest the bearish trend that moves organized inside the bearish channel that appears on the chart, supported by stochastic current negativity, reminding you that it is important to hold below 1.3145 to achieve the waited targets.

The expected trading range for today is between 1.2930 support and 1.3080 resistance.

The expected trend for today: Bearish

The EURUSD pair trades negatively to settle below 1.0900 barrier, reinforcing the expectations of continuing the bearish trend, which gets continuous support by the EMA50, waiting to head towards 1.0775 that represents our next main station.

On the other hand, we should note that breaching 1.0950 will stop the expected decline and lead the price to turn to rise and achieve gains that start by visiting 1.1070 areas.

The expected trading range for today is between 1.0790 support and 1.0950 resistance.

The expected trend for today: Bearish

Crude oil price surpassed our first target at 94.00 and opens the way to continue the decline on the intraday and short term basis, waiting to visit 89.80 that represents our next target, to continue suggesting the bearish trend unless the price rallied to breach 98.95 and hold above it.