Gold price faces new negative pressure to test the key support 2420.00$, which urges caution from the upcoming trading, as continuing the decline and breaking this level will push the price to suffer intraday losses and test 2385.00$ initially.

Now, we prefer to stay aside until the price confirms its situation according to the mentioned support, noting that consolidating above it will lead the price to resume the bullish wave next target located at 2483.40$.

The expected trading range for today is between 2410.00$ support and 2450.00$ resistance.

Trend forecast: Bullish

The GBPUSD price attacked the bullish channel’s support line strongly but it returns to fluctuate around it, and attempts to consolidate above it, to keep the chances valid to start the expected bullish wave for today, which targets 1.2880$ as a next positive station, reminding you that breaking 1.2765$ will stop the positive scenario and put the price under new correctional bearish pressure.

The expected trading range for today is between 1.2730$ support and 1.2890$ resistance.

Trend forecast: Bullish

The EURUSD price managed to achieve our waited target at 1.0947$ and attempts to confirm breaching it now, reinforcing the expectations of continuing the domination of the bullish trend for the rest of the day, on its way to visit 1.1000$ followed by 1.1080$ levels that represent our next main targets, taking into consideration that failing to hold above 1.0947$ and decline to break 1.0880$ will push the price to turn to decline and achieve some intraday bearish correction.

The expected trading range for today is between 1.0860$ support and 1.1010$ resistance.

Trend forecast: Bullish

No change to coffee price bullish track by consolidating within the bullish channel frequently, which its support line consolidates near 211.60, also, the frequent fluctuation above the additional support at 220.00 assists to confirm the continuation of the positivity, to keep waiting to gather the positive momentum followed by starting to target the positive stations near 246.10 and 260.20.

The expected trading range for today is between 222.00 and 246.10

Trend forecast: Bullish