The pair approached from retesting 1.2990 again, keeping the stability below it until now, which represents the main factor that makes us continue in preferring the bearish trend on the short term basis, where the EMA50 attempts to protect these expectations.

Stochastic provides clear negative signals that support the waited decline, which its targets begin by surpassing 1.2800 to head towards 1.2725.

Expected trading range for today is between: 1.2725 support and 1.3000 resistance.

Expected trend for today: Bearish

The pair returns to be trading above 0.8060, and it might stop the negative scenario temporarily until retesting 0.8160 again.

Now, we are keeping our morning expectations as they are for the rest of today’s trading unless surpassing 0.8160

Expected trading range for today is between: 0.7920 support and 0.8160 resistance.

Expected trend for today: Bearish

The pair approached from our main target at 0.9580, where the trading bounced rapidly from there, and the price might retest 0.9710 before attempting to decline again.

In general, our bearish trend expectations remain valid unless breaching above 0.9710

Expected trading range for today is between: 0.9485 support and 0.9710 resistance.

Expected trend for today: Bearish

Crude oil price touched the bullish channel’s support at 92.75 and bounces to the upside, which keeps the sideways’ move scenario valid until now, waiting for more of the potential bullish rebound, which is targeting now a new test to 96.75

We must be aware that Stochastic and EMA50 are representing negative factors that might force the price to fluctuate in negative bias during the upcoming intraday trading.

Expected trading range for today is between: 92.00 support and 95.50 resistance.

Expected trend for today: Sideways