Therefore, we expect an intraday upside move today supported by the positive signs on Stochastic. The SMA 50 supports the bullishness which requires stability above the mentioned support to ensure targets are not delayed.

The trading range for today is among the major support at 1.4300 and the major resistance at 1.4725.

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

The pair succeeded in stabilizing above the main support at 1.6250 -76.4% Fibonacci correction- and we can see how Stochastic unloaded the negative momentum yesterday to enter oversold areas. Therefore, we expect an intraday upside move today targeting 1.6500 and require stability above 1.6250.

The trading range for today is among the major support at 1.6150 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 reached 38.2% Fibonacci correction at 83.50 which turned into support after its breach, accompanied by Stochastic entering overbought areas and SMA 50 support from below. Therefore, we expect a possible intraday bullish move today targeting the next correction level at 85.65. Breaching the support areas at 83.50-82.70 will drive the pair lower to retest the breached descending channel’s 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 negative pressure on the pair is still valid and driving the pair closer to the previously recorded trough at 0.8900; we can also see how the tight ranged trading is gradually unloading the positive momentum on Stochastic. In general, we expect an intraday bearish move today supported by the SMA 50 and the ongoing effect of the bearish pattern completed at 0.1925. Targets reside at 0.8810 and require stability below 0.9075 to prevail.

The trading range for today is among the major support at 0.8750 and the major resistance at 0.9075.

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

The pair’s upside move halted at the intraday descending channel’s resistance shown above, and trading is caught below the resistance and above the SMA 50. This move is unloading the upside momentum and supporting the resumption of the intraday bearishness for todayespecially with stability below the previously breached support at 0.9665. Targets start at 0.9500 then 0.9400 while breaching the resistance area between 0.9640-0.9665 will delay those targets.

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.