Gold price provides new positive attempts to approach testing 1282.00 again, while stochastic keeps providing the negative signals on the four hours’ time frame, waiting to resume the bearish bias in the upcoming sessions, supported by the EMA50, reminding you that our next target is located at 1253.20, while holding below 1282.00 represents key condition to continue the suggested decline.

The expected trading range for today is between 1253.20 support and 1290.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair continues to decline to surpass 1.2900 barrier, reinforcing the expectations of continuing the bearish trend for the rest of the day, supported by the negative pressure formed by the EMA50, noting that our next target is located at 1.2800, while achieving it conditions holding below 1.2962 and the most important below 1.3005.

The expected trading range for today is between 1.2810 support and 1.2980 resistance.

The expected trend for today: Bearish

The EURUSD pair shows more bearish bias to approach our first waited target at 1.1100, to keep the bearish trend active for today, reminding you that our next target reaches 1.1040, while the price needs to hold below 1.1180 and 1.1245 levels to achieve the suggested targets.

The expected trading range for today is between 1.1060 support and 1.1245 resistance.

The expected trend for today: Bearish

Copper price remains weak as 2.9300 level still form an obstacle against the bullish attack, and the continuation of the main indicators contradiction increases the chances for the price fluctuation in sideways range, by its confinement between the current barrier and the support level at 2.8600.

Resuming the bullish attack requires holding positively above 2.9300 level and gaining a new positive momentum might allow it to record more of the targets by reaching 3.0200 then 3.1400 in the upcoming period.

The expected trading range for today is between 2.8600 and 2.9300

The expected trend for today: sideways