Gold price resumes its positive trading now to support the expectations of continuing the bullish trend for the rest of the day, and we believe that the way is open to achieve our main waited target at 2790.00$, to keep the positive scenario valid and active for the upcoming sessions, organized inside the bullish channel that appears on the chart, reminding you that it is important to hold above 2740.00$ to continue the expected rise.

The expected trading range for today is between 2745.00$ support and 2780.00$ resistance.

Trend forecast: Bullish

The GBPUSD price attempts to return to the intraday bullish channel, and as long as the price is above 1.2415$ and 1.2385$, our bullish overview will remain valid for the upcoming period, waiting to gather positive momentum that assist to push the price to rise and achieve our next main target at 1.2609$.

The expected trading range for today is between 1.2380$ support and 1.2535$ resistance

Trend forecast: Bullish

The tight range keeps dominating the EURUSD price trades, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 1.0455$, supported by stochastic approach to the overbought areas, reminding you that our first main target is located at 1.0325$.

The expected trading range for today is between 1.0350$ support and 1.0500$ resistance

Trend forecast: Bearish

Coffee price continued to form bullish waves recently, taking advantage of its consolidation within the bullish channel and 347.10 level forming new support line, to notice achieving the first main target at 367.80.

We expect the domination of the sideways bias to provide mixed waves until breaching 367.80 to open the way to record new historical gains that might extend towards 376.00 followed by reaching the bullish channel’s support line at 383.20.

The expected trading range for today is between 355.00 and 376.00

Trend forecast: Bullish