Corn price rallied upwards strongly to achieve our first waited target at 814.00 and attempts to breach it, and we expect the continuation of the bullish bias to head towards our next target that reaches 836.00 as a next main station, reminding you that it is important to hold above 793.00 to continue the suggested bullish wave.

Gold price surpassed 1890.00 level and closed the last four hours’ candlestick below it, reinforcing the expectations of continuing the bearish trend and opens the way to head towards our next negative target at 1850.00, waiting for more decline in the upcoming sessions, noting that failing to hold below 1890.00 will lead the price to start recovery attempts that target testing 1925.35 areas initially.

The EURUSD pair trades with strong negativity after surpassing the bearish channel’s support line, to approach our waited negative target at 1.0500, and we suggest the continuation of the negative pressure to achieve more negative targets in the upcoming period, noting that holding below 1.0630 will keep the decline dominant on the intraday and short term basis.

Pepsico's stock declined 0.25% in the last session after the pivotal resistance of 177.23 held on, with negative signals from the RSI, while the stock tries to gather momentum to rise anew, with trading volumes averaging 7.3 million shares.

The losses came despite the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

The losses came after the company reported profits below expectations at $1.29 per share.

Therefore we expect the stock to rise and target the pivotal resistance of 177.23 anew, provided the support of 166.75 holds on.

Expected trend for today: Bullish