Stochastic is providing positive signals and accordingly we hold onto our bullish morning expectations for today as far as stability is above 1.4330-00.

The trading range for today is among the major support at 1.4300 and the major resistance at 1.4580.

The short term trend is to the upside with steady daily closing above 1.2795 targeting 1.5135.

The pair is currently hovering around the critical support mentioned this morning at 1.4250 while Stochastic continues to pressure the pair negatively. In general, the morning suggested scenario was activated after reaching the mentioned support, while noting the importance of stability above this support for our expectations to prevail.

The trading range for today is among the major support at 1.6200 and the major resistance at 1.6500.

The short term trend is to the upside with steady daily closing above 1.5315 with targets at 1.7000.

The pair rebounded to the upside after reaching 38.2% Fibonacci correction shown above; and accordingly trading remains caught among the 38.2% and 50% correction. We still need more confirmations for the direction and so we remain neutral for the rest of the day and observe trading around the support at 83.50 and 85.65 resistance.

The trading range for today is among the major support at 82.70 and the major resistance at 85.65.

The short term trend is to the downside as far as 89.35 remains intact with targets at 77.70.

The pair is still trading with a downside bias and gradually moving south due to the positivity on momentum indicators. Fluctuations and volatility might persist before resuming the intraday bearishness for today supported by the factors mentioned in our morning reports.

The trading range for today is among the major support at 0.8885 and the major resistance at 0.9140.

The short term trend is to the downside with steady daily closing below 1.0330 targeting 0.8000.

The pair managed to return to the descending intraday channel after the SMA 50 prevented the pair from resuming the upside move; Stochastic also provided negative signs over four-hour basis. Therefore, our intraday bearish expectations remain valid with stability below 0.9665 with targets highlighted in the previous morning report.

The trading range for today is among the major support at 0.9400 and the major resistance at 0.9740.

The short term trend is to the downside as far as 1.0665 remains intact targeting 0.9000.