Brent oil price trades with strong positivity now to move away from 75.36$ level and surpass the intraday bullish channel’s resistance line, which supports the continuation of the expected bullish trend for the upcoming period efficiently, reminding you that our main waited target is located at 76.84$, while holding above 75.36$ represents major condition to the continuation of the suggested rise.
The expected trading range for today is between 74.20$ support and 77.20$ resistance.
Trend forecast: Bullish
Crude oil price rallied upwards strongly to reach 73.00$ barrier, reinforcing the expectations of continuing the bullish trend for the rest of the day, reminding you that our main waited target is located at 73.70$, while achieving it requires holding above 72.15$.
The expected trading range for today is between 71.00$ support and 74.00$ resistance
Trend forecast: Bullish
Gold price trades with clear positivity to attempt to breach 2640.00$ level, which urges caution from the upcoming trading, as confirming the breach will stop the recently suggested negative scenario and complete forming positive pattern that push the price to achieve additional gains that reach 2700.00$.
Note that trading below 2640.00$ is required to continue the bearish trend that its next main target located at 2555.00$.
The expected trading range for today is between 2610.00$ support and 2650.00$ resistance.
Trend forecast: Bearish
The GBPUSD price shows new negative trades to approach the waited target at 1.2400$, and the way seems open to surpass this level and achieve additional negative targets that extend to 1.2320$, to continue suggesting the bearish trend in the upcoming period unless the price rallied to breach 1.2566$ followed by 1.2605$ levels and hold above them.
The expected trading range for today is between 1.2450$ support and 1.2600$ resistance
Trend forecast: Bearish