The USDJPY pair provided positive trades to test the key resistance 130.50, and begins today with slight bearish bias in attempt to resume the negative trades, motivated by the negative signal that appears clearly on stochastic.

Therefore, we will keep our bearish overview until now, reminding you that our first target is located at 128.90, while breaching 130.50 will push the price to achieve intraday gains that start by testing 131.35 level.

The expected trading range for today is between 129.25 support and 131.00 resistance

The expected trend for today: Bearish

The GBPUSD pair returns to fluctuate around the EMA50, noticing that stochastic begins to provide positive signals now, waiting to motivate the price to rise again and attempt to breach 1.2440 to open the way to head towards our next main target that reaches 1.2595.

Until now, the bullish trend scenario still valid for the upcoming period conditioned by the price stability above 1.2320.

The expected trading range for today is between 1.2270 support and 1.2430 resistance.

The expected trend for today: Bullish

The EURUSD pair traded negatively on yesterday’s evening to test the key support 1.0845, which urges caution from the upcoming trading, as the price needs to consolidate above this level to keep the bullish trend active, which targets 1.1030 mainly.

Stochastic shows positive signals that support the chances of resuming the expected bullish wave, reminding you that breaking 1.0845 will press on the price to test 1.0745 areas before any new attempt to rise.

The expected trading range for today is between 1.0770 support and 1.0930 resistance.

The expected trend for today: Bullish

Chevron's stock (CVX) fell in the intraday levels after the energy giant missed fourth-quarter profits estimates, while earnings beat expectations, with the stock tumbling 4.44% in the last session, or 8.34 points, settling at 179.45, with trading volumes surpassing 19.6 million shares, above 10-day averages of 9.6 million shares.

Technically, the stock fell after the pivotal resistance of 188.44 held on, with negative signals from the RSI after reaching overbought levels, with the stock gathering momentum to pierce that resistance, amid the dominance of the main upward medium-term trend, with positive support from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the resistance of 213.00, provided the resistance of 188.44 was breached. 

Expected trend for today: Bullish