The pair touched the bullish channel’s resistance which represents our main target in our last reports, bouncing lower normally now, which makes us suggest witnessing negative trading for today, targeting testing support levels begin at 100.80

Stochastic heads to the downside to support the expected decline, which remains valid unless breaching above 102.75

Expected trading range for today is between 100.80 support and 102.75 resistance.

Expected trend for today: Bearish

The pair continues in testing 1.5190, which shows strength against the declining attempts, while we notice that Stochastic is losing its bullish momentum gradually.

Until now, the neutral attitude remains valid, waiting for monitoring the price behavior according to the support level 1.5190 and the resistance 1.5275.

Expected trading range for today is between: 1.5070 support and 1.5360 resistance.

Expected trend for today: Neutral

The pair found good support around 1.2840, to stop the price decline temporarily and fluctuates in sideways range now, where it is affected by Stochastic positivity.

In general, the bearish trend remains preferred on the intraday basis, and the target around 1.2725, supported by the EMA50, where breaching above 1.2970 represents the stopping factor for the bearish trend expectations.

Expected trading range for today is between: 1.2725 support and 1.2970 resistance.

Expected trend for today: Bearish

Crude oil suffered sharp losses touching the main support line at 92.15, while at the same time, we can notice the quick rebound to recover the losses and settle again above the EMA50.

We still need to monitor the price behavior to get clearer trend signals, and the daily close according to 93.45 and 94.65 levels will offer these signals.