Gold price resumes its negative trading to approach the bullish channel’s support line, and it is important to monitor the price at this level, as breaking it represents the key to start bearish correction that its next target reaches 1970.00, while consolidating above it will push the price to resume the main bullish trend and head towards 2075.25 as a next main station.

The EURUSD pair shows additional bearish bias to approach our waited negative target at 1.0760, and the way seems open to surpass this level to open the way to achieve additional decline that its next target reaches 1.0645, taking into consideration that consolidating above 1.0760 will stop the current negative pressure and push the price to start recovery attempts that target visiting 1.0860 initially.

Brent oil price shows clear positive trading, to attack the critical resistance at 79.20, affected by stochastic positivity, which requires being aware from the upcoming trading, where confirming breaching this level represents the key for continuing the rise and head towards testing 81.00 level as a next main target, while holding below it is required for resuming the bearish trend that its targets begin at 77.44 and extend to 76.00 after breaking the previous level. 

The expected trading range for today is between 76.50 support and 79.50 resistance. 

The expected trend for today: Bearish 

Crude oil price trades positively, attempting to breach 73.73 level, which requires being aware from the upcoming trading, where the price needs to settle below this level, to keep the bearish trend scenario active for today, targeting 72.20 then 70.00 levels mainly. 

I remind you that reaching 73.73 will lead the price to turn to the upside and achieve gains that begin at 75.70 and extend to 77.87. 

The expected trading range for today is between 71.30 support and 74.30 resistance. 

The expected trend for today: Bearish