Gold price rallied upwards to breach 1901.80 level and settles above it, which hints the price head to achieve more expected gains in the upcoming sessions, on its wa to visit 1934.86 mainly, noting that the continuation of the expected rise depends on the stability of the daily close above 1901.80.
The EURUSD pair shows calm positive trades in attempt to move away from 1.1720 level, to keep the bullish trend scenario valid for the upcoming period, which targets 1.1780 followed by 1.2011 levels as next main stations, reminding you that it is important to hold above 1.1720 to continue the suggested rise.
Wheat price provided slight negative trades to test 557.00 and keeps its stability below it, which keeps our bullish overview valid for today, and the price needs to get enough positive momentum to push trades towards 590.50 followed by 603.40 levels that represent our next main targets, reminding you that breaking 577.00 will stop the suggested rise and press on the price to decline towards 557.30 mainly.
The expected trading range for today is between 570.00 support and 600.00 resistance.
The expected trend for today: Bullish
Sugar price shows weak trades since morning and still below the broken support of the bullish channel, waiting to surpass the mentioned level that forms resistance now at 13.50 to ease the mission of achieving our next target at 13.73, to keep our bullish overview unless breaking 12.86 level and holding below it.
The expected trading range for today is between 13.10 support and 13.80 resistance
The expected trend for today: Bullish