Momentum indicators are positive supporting the 23.6% Fibonacci correction and accordingly it might settle for this level. In general we recommend observing trading today especially around critical areas at 1.4135 support and 1.4300 resistance for more confirmations.

The trading range for today is among the major support at 1.4135 and the major resistance at 1.4365.

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

The pair reached critical support areas around 1.6250 while noticing the attempt to breaching this level, affected by the double top pattern over four-hour basis. The positive momentum is preventing further decline around the support while 23.6% correction was good support against further decline. From here, we expect an intraday upside move today and requires initially an hourly closing above 1.6250 to prevail.

The trading range for today is among the major support at 1.6110 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 is trading below the SMA 50, signaling some downside movement to retest the breached resistance at 81.40 and then reverse higher to resume the upside correction, supported by the positivity on Stochastic. Breaching areas of 81.40 will carry the pair into the downside wave once again and end the upside correction.

The trading range for today is among the major support at 81.40 and the major resistance at 84.00.

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

Areas of 0.8900 are still stable against the pair, while the SMA 50 still offers downside pressure over intraday basis as Stochastic enters overbought areas. Therefore, we hold onto our intraday bearish expectations that require the breach of the aforementioned support. Breaching areas of 0.9005 will delay the suggested bearishness.

The trading range for today is among the major support at 0.8700 and the major resistance at 0.9105.

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

The pair rushed higher to retest the resistance for the descending channel once again. This level held against the pair supported by the SMA 50. Trading is stable below this previously breached support at 0.9665 while Stochastic signals to the downside. Therefore, we expect an intraday bearish move today targeting initially 0.9500 and requires stability below 0.9735.

The trading range for today is among the major support at 0.9500 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.