Sugar price showed strong bearish gap yesterday to test the key support 19.40, noticing that the price kept its consolidation above it, to keep the overall positive scenario active for the upcoming period, supported by stochastic and the EMA50 positivity, noting that our targets begin at 20.04 and extend to 20.50 after breaching the previous level.

Crude oil price trades positively to test the key resistance 78.93, and as we mentioned yesterday, the price needs to consolidate below this level to keep the bearish trend scenario active, which targets 75.63 level as a next main station, noting that breaching 78.93 will stop the bearish trend and lead the price to recover again.

Gold price crawls upwards to approach the first waited target at 1824.50, and we suggest breaching this level to achieve additional gains that reach 1850.00, to keep the bullish trend scenario valid and active for the upcoming period supported by the EMA50, reminding you that it is important to hold above 1802.00 to continue the expected rise.

The major currencies pairs continue to fluctuate within tight tracks, affected by the end-of-year holidays season, thus, no change to the scenarios suggested in our recent reports, and we recommend to review the previous reports to check the expected trends and targets for the upcoming sessions.