EURUSDThe pair is moving within a sideways range between 1.3420 and 1.3500, where Stochastic neared oversold areas; thus, we expect to continue the bullish intraday trend that requires the breach of 1.3500 to pave the way towards the initial target for today at 1.3660. Note that the breach of 1.3420 and stability below it will postpone the awaited bullishness. 
The trading range for today is among the key support at 1.3330 and the key resistance at 1.3660.The short term trend is to the downside as far as 1.3770 remains intact with targets at 1.1700.
GBPUSDSterling was caught around 1.5800 while Stochastic continued to trade lower; thus, we await for the previously breached neckline to be retested at 1.5725 before activating the expected bullish move for today. Note that the breach of 1.5860 will take the pair higher ignoring the retest with targets starting from 1.5945.
The trading range for today is among the key support at 1.5725 and the key resistance at 1.6000.The short term trend is to the downside as far as 1.6070 remains intact with targets at 1.3800.
USDJPYThe pair is still trading within a narrow range between 50% and 61.8% Fibonacci correction, thus the previously suggested scenario will prevail. From here, we expect a bullish intraday direction as long as trading is stable above the support area between 84.00 – 83.85.
The trading range for today is among the key support at 83.00 and the key resistance at 85.90.The short term trend is to the downside as far as 91.55 remains intact with targets at 79.60.
USDCHFThe sideway trading has caused the pair to breach the resistance for the falling wedge shown yesterday, thus activating the bullish scenario. We expect the pair to retest the resistance that has currently turned into support which descended towards 0.9815 before resuming the expected bullish trend today. Note that the breach of 0.9760 will fail the suggested scenario.
The trading range for today is among the key support at 0.9760 and the key resistance at 1.0080.The short term trend is to the upside as far as 0.9760 remains intact with targets at 1.1120.
USDCADThe pair is currently fluctuating around the awaited resistance at 1.0295 –the 50 MA– accompanied by clear overbought signs on Stochastic. We expect a bearish wave over an intraday basis, where its targets start by attacking the pivotal support at 1.0245 then towards 1.0165. Four-hour closing below 1.0345 must prevail for our expectations to remain intact.
The trading range for today is among the key support at 1.0105 and the key resistance at 1.0380.The short term trend is to the upside as far as 0.9925 remains intact with targets at 1.1485.
By: Yasir Mubarak
Senior Technical Analyst
yasir.mubarak@ecpulse.com
www.ecpulse.com