The pair shows tight range trading and fluctuates near the EMA50, where it keeps the stability above this line, which encourages us to continue in preferring the intraday bullish trend and the targets begin at 99.70 and extend towards the psychological barrier 100.00

Breaking below 98.60 will turn the intraday trading towards the downside to visit the bullish channel’s support at 97.40

Expected trading range for today is between 98.10 support and 100.00 resistance.

Expected trend for today: Bullish

The pair rallied higher to settle above 1.5485 and stops yesterday’s suggested negative scenario, which makes the trading stuck again between the mentioned level and the bullish channel’ s resistance at 1.5670

Accordingly, we return to the neutrality waiting for surpassing one of the mentioned levels and followed by getting clearer signals for the next trend on the intraday and short term basis.

Expected trading range for today is between: 1.5360 support and 1.5685 resistance.

Expected trend for today: Neutral

The pair managed to close the daily candle stick above 1.3145 activating the positive scenario again, and the price now needs to breach and settle above 1.3200 to add more confirmation for these expectations.

The waited targets begin at 1.3245 and extend towards 1.3485, while achieving them requires holding above 1.3145 – 1.3105.

Expected trading range for today is between: 1.3050 support and 1.3400 resistance.

Expected trend for today: Bullish

Crude oil price continues to trade positively approaching from the resistance that we wait to be breached at 97.10, which represents a main key to reinforce the suggested positive scenario in our major technical reports.