Brent oil price trades with strong negativity to surpass the first target at 80.10$ and head towards continuing the decline in the upcoming sessions, on its way to visit 78.39$ that represents 38.2% Fibonacci correction level for the last bullish wave, noting that the continuation of the bearish wave requires holding below 80.10$ and 80.90$ levels.
Crude oil price managed to touch the first target at 77.53$ and presses negatively on it to open the way to achieve more bearish correction on the intraday basis, noting that confirming the break will push the price to visit 75.53$ as a next correctional target, while the expected decline will remain valid unless breaching 77.53$ followed by 78.25$ levels and holding above them.
The GBPUSD price trades with clear positivity to test the key resistance 1.2300$ now, which urges caution from the upcoming trading, as the price needs to consolidate below this level to keep the bearish trend valid for the upcoming period, which its first main target located at 1.2100$.
The EURUSD rallied upwards strongly to breach 1.0325$ level and settle above it, to pave the way to start bullish correction for the decline that started from 1.1208$ areas, noting that the first correctional target is located at 1.0455$, while breaking 1.0325$ and trading below it again will reactivate the negative scenario that its first target located at 1.0220$.