Gold price resumed its positive trading to touch the minor bullish channel’s resistance line that appears on the chart, and the way seems open to continue rising in the upcoming sessions, as the price gets continuous positive support by the EMA50, waiting to surpass 1692.00 level to visit the long term bullish channel’s resistance line at 1720.00.

Therefore, our positive overview will remain valid for today conditioned by the price stability above 1648.85.

The expected trading range for today is between 1640.00 support and 1690.00 resistance.

The expected trend for today: Bullish

The GBPUSD pair resumed its negative trading clearly to attack 1.2920 level and settles below it now, which supports the continuation of the bearish trend scenario efficiently in the upcoming period, paving the way to head towards our next correctional target at 1.2736, reminding you that it is important to hold below 1.2975 to continue the expected decline.

The expected trading range for today is between 1.2850 support and 1.3000 resistance.

The expected trend for today: Bearish

The EURUSD pair settles below 1.0860 level, while stochastic loses its positive momentum gradually, waiting to motivate the price to resume the expected bearish trend for today, which depends on the price stability below the mentioned level, while our main targets located at 1.0760 followed by 1.0680.

The expected trading range for today is between 1.0740 support and 1.0880 resistance.

The expected trend for today: Bearish

No news for Copper price by its repeated sideways fluctuation near the initial support at 2.5400, therefore, we will keep waiting for gathering a new positive momentum that allows it to reach towards the positive stations that are located at 2.6100 and 2.6500.

The expected trading range for today is between 2.5400 and 2.6100

The expected trend for today: Bullish