Gold price provided temporary negative trades but it returns to attempt to rise now, and the price still confined between the trend keys represented by 1937.20 support and 1981.20 resistance, to keep our neutrality valid until breaching one of these levels, reminding you that breaking the mentioned support will push the price to 1910.00 initially, while breaching the resistance will motivate the price to achieve new gains that start at 2000.00 and extend to 2068.00.

The EURUSD pair faced negative pressure to attack 1.1737 level strongly, but we notice that the EMA50 forms good support to push the price to step above the mentioned level, which keeps the bullish trend scenario active for the upcoming period, which its next targets located at 1.1908 followed by 1.1995 levels, while holding above 1.1737 represents key condition to achieve these targets.

Wheat price shows new negative trades to move away from the EMA50, reinforcing the expectations of continuing the bearish trend for today, which targets 520.20 level as a first station, reminding you that breaking this level will push the price to 503.70 as a next negative target, while the expected decline will remain valid unless breaching 536.80 and holding above it.

The expected trading range for today is between 520.00 support and 536.80 resistance.

The expected trend for today: Bearish

Sugar price begins today’s trading with bearish bias after finding solid resistance at 12.86, supported by stochastic negativity, making the bearish trend suggested for the rest of the day, on its way to test 12.16 initially, taking into consideration that breaching 12.86 will stop the expected decline and push the price to head towards 13.73 as a next positive station.

The expected trading range for today is between 12.40 support and 13.10 resistance

The expected trend for today: Bearish