Therefore, we expect and intraday upside move today targeting 1.4800 then 1.4880 and requires stability above 1.4560; where this level’s importance is for its stance as a neckline for a proposed bearish pattern under formation.

The trading range for today is among the major support at 1.4455 and the major resistance at 1.4800.

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

The MA 50 halted the downside move for the pair yesterday as the pair stabilizes above it. This factor and the positivity on Stochastic support the likelihood for an upside move today which requires the clear breach of 1.6470 and stability above 1.6300.

The trading range for today is among the major support at 1.6260 and the major resistance at 1.6650.

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

The pair ended yesterday below 80.00 which is a negative signal and more downside pressure alongside the MA 50 and the recent breach of the continuation pattern. Therefore, we expect the pair to move to the downside todaystarting with the breach of 79.50 towards 78.00. The positivity on Stochastic might keep the volatility seen for some time. 

The trading range for today is among the major support at 78.00 and the major resistance at 81.10.

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

Trading stabilized within a sideways range as shaded in yellow above after the breach of resistance for the minor descending channel; this is a signal for a slight upside bias for correction supported by the positivity on Stochastic. We expect the correction to be limited to the MA 50 followed by a downside reversal to resume the intraday downside move for today targeting 0.8210 and require stability below 0.8455.  

The trading range for today is among the major support at 0.8150 and the major resistance at 0.8475.

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

The pair continues to trade within the main ascending channel organizing the upside correction that started from the trough at 0.9443, where trading consolidated above 61.8% Fibonacci correction, a positive signal in addition to stability above the MA 50. On the other hand, Stochastic provided negative signals that might pressure the pair south, especially after 76.5% remained steady around 0.9845. Therefore, we see the likelihood for a downside move today depending on the pair’s reaction around 0.9845 and 0.9710; breaching the former will push the pair to 1.000 while breaching 0.9710 will drive the pair towards 0.9645 and then the chances to return to the general downside move.

The trading range for today is among the major support at 0.9565 and the major resistance at 1.0000.

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