Gold price resumes its negative trading to move away from the bearish channel’s resistance, reinforcing the expectations of continuing the bearish trend for the rest of the day, supported by the negative signal provided by stochastic, waiting to visit 1447.00 level as a first target, reminding you that it is important to hold below 1472.00 to continue the expected decline for today.

The expected trading range for today is between 1447.00 support and 1480.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair shows some slight bearish bias to approach retesting the breached resistance of the bullish flag, and the positive effect of this pattern active, waiting to resume the positive trading that targets visiting 1.3045 mainly, noting that the EMA50 supports the expected bullish wave, which its continuation requires holding above 1.2840.

The expected trading range for today is between 1.2880 support and 1.3045 resistance.

The expected trend for today: Bullish

The EURUSD pair tests 1.1065 level and keeps its stability above it until now, accompanied by stochastic head towards the oversold areas, waiting to motivate the price to resume the expected bullish bias for today, which depends on the price stability above the mentioned level, while its main targets begin by breaching 1.1105 to confirm heading towards 1.1180 as a next station.

The expected trading range for today is between 1.1000 support and 1.1180 resistance.

The expected trend for today: Bullish

Copper price began to form a negative trading, responding to the bearish correctional bias domination, to notice suffering its initial losses by hitting 2.6050 level, the continuation of the moving average 55 fluctuation near 2.6400 level and forming an extra barrier makes us prefer more of the downside moves until reaching the critical support at 2.5500.

The expected trading range for today is between 2.6400 and 2.5500

The expected trend for today: Bearish