Gold price returns to test 1599.10 level, waiting for confirmed breach to this level to reinforce the expectations of continuing the rise on the intraday and short term basis followed by opening the way to achieve more gains that reach 1633.60 followed by 1689.30.

In general, we will keep our bullish overview for today unless breaking 1571.20 level and holding with a daily close below it.

The expected trading range for today is between 1570.00 support and 1610.00 resistance.

The expected trend for today: Bullish

The GBPUSD pair shows slight bullish bias in attempt to head towards our first waited positive target at 1.2515, to keep the bullish trend valid and active for today, supported by the EMA50 that keeps carrying the price from below, noting that breaching the mentioned level will extend the bullish wave to reach 1.2777, while holding above 1.2304 represents key condition to achieve the suggested targets.

The expected trading range for today is between 1.2300 support and 1.2500 resistance.

The expected trend for today: Bullish

The EURUSD pair begins providing negative trades after retesting the broken neckline of the head and shoulders’ pattern, to keep the bearish trend scenario active for the rest of the day, and the way is open to achieve our first waited target at 1.0840, reminding you that breaking this level will push the price to 1.0700 followed by 1.0640 levels on the near term basis, while holding below 1.0966 represents key condition to continue the expected decline.

The expected trading range for today is between 1.0800 support and 1.1000 resistance.

The expected trend for today: Bearish

Copper price resisted the negative pressures and settled above the initial support 2.0700 to hint keeping the expected correctional bullish bias domination, thus, we will keep waiting to resume the positive crawling until surpassing the first target at 2.200 in order to test 2.2960 resistance.

The expected trading range for today is between 2.0850 and 2.2960

The expected trend for today: Bullish