Gold price didn’t show any strong move since morning, to fluctuate around 1765.00 level, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 1779.25, reminding you that our targets begin at 1755.25 and extend to 1726.60 after surpassing the previous level.

The expected trading range for today is between 1750.00 support and 1780.00 resistance.

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The expected trend for today: Bearish

The GBPUSD pair attempted to break 1.2030 level but it couldn’t manage to hold below it, to remain stuck between the key levels represented by the mentioned support and 1.2140 resistance, to stay neutral until we get clearer signal for the next trend, noting that the expected targets after the breach are explained in our previous level.

The expected trading range for today is between 1.1960 support and 1.2140 resistance.

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The expected trend for today: Neutral

The EURUSD pair shows weak trades since morning, thus, no change to the bearish trend scenario that depends on the price stability below 1.0200 level, supported by the negative pressure formed by the EMA50, reminding you that our main targets begin at 1.0100.

The expected trading range for today is between 1.0090 support and 1.0230 resistance.

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The expected trend for today: Bearish

Coffee price confirmed its surrender to the domination of the bearish bias by providing new negative closings below the bearish channel’s resistance at 227.10, to notice forming negative waves and settle below the moving average 55 and touch 215.50.

Now, stochastic attempt to provide the negative momentum allows us to expect reacting to the negative factors and start targeting the negative stations by moving towards 211.30 followed by reaching 204.10 to press on 50% Fibonacci correction level.

The expected trading range for today is between 222.00 and 211.30

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The expected trend for today: Bearish