EURUSDThe pair is trading within a narrow sideway range since this morning while negative momentum is still appearing on the four-hour chart below. There is no mentionable change and therefore morning expectations will remain intact if we do not witness a breach of 1.2580. 
The trading range for today is among the key support at 1.2600 and the key resistance at 1.2975..The short term trend is to the downside as far as 1.3770 remains intact with targets at 1.1700.
GBPUSDThe pair succeeded in building a base on the awaited 1.5200 and was able to breach resistance for the sideway range 1.5230 strongly, shown in the image above as it closely nears the primary key target at 1.5300. The suggested morning scenario will be activated as long as stability is achieved above 1.5170.
The trading range for today is among the key support at 1.5080 and the key resistance at 1.5500..The short term trend is to the downside as far as 1.5590 remains intact with targets at 1.3800.
USDJPYThe effect of the momentum indicators’ negativity appearing on the pair is adding additional strength to the awaited to be breached resistance at 89.15. the pair currently is moving within a sideway range, therefore we hold onto our morning expectations but keep in mind that the breach of 88.00 holds the keys to making the expected ascend for today fail and thereby activating yesterday’s suggested scenario.
The trading range for today is among the key support at 88.00 and the key resistance at 90.60..The short term trend is to the downside as far as 101.65 remains intact with targets at 82.60.
USDCHF
The pair has started attempting to breach the rising wedge mentioned this morning that will be able to activate the expected bearish trend scenario today. Morning expectations are still intact as long as a base is built below 1.0600.
The trading range for today is among the key support at 1.0415 and the key resistance at 1.0675..The short term trend is to the upside as far as 1.0200 remains intact with targets at 1.2295.
USDCADThe pair ascended to build a base around 1.0340 and start the suggested bearish wave for today. Momentum indicators are still showing positive signs which may easily impede the awaited descend. However, we hold onto our overall expectations of a bearish intraday trend as long as stability is below 1.0405.
The trading range for today is among the key support at 1.0175 and the key resistance at 1.0405..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
[email protected]
www.ecpulse.com