The tight range controls Gold price trading since morning, as long as the price is below 1503.24, so the bearish scenario will remain valid for today, waiting for visiting 1483.60 level before it attempts to resume the main bullish trend, reminding you that breaching the initial level will stop the expected negative pressure and leads the price to rise again.

The expected trading range for today is between 1483.60 support and 1510.00 resistance.

The expected trend for today: Bearish temporarily

The GBPUSD pair traded with clear negativity to attack 1.2207 level, which requires being aware from the upcoming trading, where the continuation of the negative pressure and confirming breaking this level will push the price to achieve more of the downside moves and visiting 1.2135 level initially, while the price needs to settle above 1.2207 to reinforce the chances for the continuation of the bullish correctional wave that its next target located at 1.2326.

The expected trading range for today is between 1.2170 support and 1.2326 resistance.

The expected trend for today: Bullish

The EURUSD pair didn’t show any strong move since morning, providing slight bearish bias, therefore, the expected bearish trend will remain valid without any change for the rest of the day, depending on the stability below 1.1180 level, reminding you that our target is located at 1.1000.

The expected trading range for today is between 1.0980 support and 1.1140 resistance.

The expected trend for today: Bearish

In spite of Copper price’s last trading, but providing repeated negative closes below the resistance at 2.6300 confirms the continuation of the expected bearish bias domination.

The continuation of the main indicators of the main momentum will assist activating the current trading until targeting the negative levels that are located at 2.4660 reaching to 2.3810 in the upcoming period trading.

The expected trading range for today is between 2.6000 and 2.4660

The expected trend for today: Bearish