Gold price shows slight positive trading in attempt to return above the bullish trend line, and stochastic approaches to provide positive overlapping signal on the four hours’ time frame, waiting to motivate the price to provide more rise in the upcoming sessions, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis.

Therefore, we will keep our positive overview conditioned by the price stability above 1410.90, reminding you that our first main target is located at 1450.00.

The expected trading range for today is between 1405.00 support and 1440.00 resistance.

The expected trend for today: Bullish

The GBPUSD pair shows more bearish bias to approach our first waited target at 1.2400, waiting for more decline to surpass this level and open the way to head towards 1.2300 that represents our next main station.

Therefore, we will keep our bearish overview conditioned by the price stability below 1.2540.

The expected trading range for today is between 1.2360 support and 1.2540 resistance.

The expected trend for today: Bearish

The EURUSD pair shows more decline to start attacking 1.1180 level, which supports the chances of continuing the bearish bias for the rest of the day, noting that the bearish trend will be suggested in the upcoming sessions, on its way to visit 1.1100 as a next main target.

Therefore, we are waiting for intraday negative trading conditioned by breaking 1.1180 and holding below it, noting that failing to achieve the break will push the price to visit 1.1290 areas again.

The expected trading range for today is between 1.1100 support and 1.1270 resistance.

The expected trend for today: Bearish

Copper price continued to provide mixed trading to postpone the bullish attack due to its consolidation below the moving average 55, while lacking the positive momentum will force the price to renew the negative fluctuations, with chances to test the bullish channel’s support line at 2.6200.

Therefore, we suggest the correctional bearish attempts along with the price fluctuation below 2.7500, until reaching the targeted support line, while rallying above the current barrier and providing positive close will allow us to suggest the positivity again, reminding you that the first positive target is located at 2.8400.

The expected trading range for today is between 2.7500 and 2.6650

The expected trend for today: Bearish temporarily