Gold price shows new positive trades, and by taking a deeper look at the chart, we find that the price stops now at the neckline of the inverted head and shoulders’ pattern that appears on the chart, which means that surpassing the current areas will push the price to rise strongly and achieve our next positive target at 2956.90$ direct.

The GBPUSD price trades with clear positivity to move away from 1.2765$ level and reinforce the expectations of continuing the bullish trend for the rest of the day, and the way is open to achieve our new waited target at 1.2925$.

The EURUSD price rallies upwards strongly to succeed reaching our new waited target at 1.0715$, and the way seems open to surpass this level to achieve more bullish correction in the upcoming sessions.

Coffee price confirmed getting rid of the domination of the correctional bearish bias after touching 366.00 level, as the major indicators provided the positive momentum, to notice rallying above 382.50$ barrier recently and achieving some gains by reaching 400.70.

These factors allow us to continuing the bullish overview, to expect attacking 411.00 level soon, to form intraday obstacle against the bullish trades, while surpassing it will push the price to achieve additional gains by moving towards 422.00 followed by reaching the historical high at 440.45.

The expected trading range for today is between 392.00 and 411.00

Trend forecast: Bullish