The pair shows sideways trading near 0.9700, while the price is attempting to gain some positive momentum to support resuming the bullish trend, which remains valid and preferred on the intraday and short term basis, as we are waiting for targets that begin at 0.9770 and extend to 0.9950

Holding above 0.9600 represents the most important intraday factor to protect our bullish overview.

Expected trading range for today is between: 0.9600 support and 0.9800 resistance.

Expected trend for today: Bullish

The pair surpassed 0.8160 level and settled above it, to offer signals of changing the intraday trend to the upside, as the price is affected by stochastic positivity, and might start testing levels that begin at 0.8210 and extend to 0.8360

We need to stay aside temporarily now, to monitor the price behavior according to 0.8160 support and 0.8210 resistance, which have the keys of detecting the next intraday trend.

Expected trading range for today is between: 0.8060 support and 0.8310 resistance.

Expected trend for today: Depends on the abovementioned levels

The pair shows sideways trading and fluctuating now above 0.9800, affected by stochastic positivity, and might head to retest 0.9930 before resuming the overall bearish trend again.

As we mentioned in our recent reports, holding below 0.9930 will keep the main bearish trend valid, and our main target located at 0.9575, while breaching above 0.9930 will open the way to test higher levels that might reach to 1.0145

Expected trading range for today is between: 0.9600 support and 0.9930 resistance.

Expected trend for today: Bearish

Crude oil price opens today’s trading with bullish bias in attempt to confirm surpassing the critical resistance which turns into support now at 96.80, and the stability above this level will open the way for more positivity and the main initial target at the psychological barrier 100.00

Now, we will suggest the bullish trend but with main conditions, which are represented by settling above 96.80, besides surpassing 97.70 and holding with a daily close above it.

Expected trading range for today is between: 95.00 support and 95.00 resistance.

Expected trend for today: Bullish