Gold price faces solid resistance at the recorded top 1981.20 and finds difficulty to breach it, to stay stuck between the key levels represented by the mentioned resistance and 1937.20 support, to continue with our neutrality until now, noting that we need to breach one of these levels to detect the next targets clearly.

The EURUSD pair traded with clear negativity to test the bullish channel’s support line that appears on the chart, waiting to rebound bullishly to resume the main bullish trend, which its targets begin by breaching 1.1890 to open the way to rally towards 1.1995 as a next main station, reminding you that it is important to hold above 1.1760 to continue the suggested rise.

Wheat price makes a new test to 536.80 level, as we mentioned in our last reports, the price needs to settle below this level, to keep the bearish trend scenario active in the upcoming period, supported by stochastic negativity, reminding you that our initial main target is located at 520.20.

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

The expected trend for today: Bearish

Sugar price shows more of the upside moves to approach gradually from our main waited target at 12.86, reinforcing the expectations for the continuation of the bullish wave, depending on the stability above 12.16 level, pointing that breaching the targeted level will extend the bullish trend to reach 13.45 then 13.73 as next main station.

The expected trading range for today is between 12.10 support and 12.86 resistance

The expected trend for today: Bullish