Gold price keeps rising to approach from our initial positive target at 1770.00, pointing that breaching this level will push the price towards 1779.25 level directly, being aware that the continuation of the bullish wave requires holding above 1755.70 level.

The expected trading range for today is between 1745.00 support and 1780.00 resistance.

The expected trend for today: Bullish

The GBPUSD pair provided new positive trading and attempted to surpass 1.2200 level, to support the continuation of the expected bullish trend for today, which gets a continuous positive support from the EMA50, taking into consideration that holding above 1.2077 is important for the continuation of the expected bullish trend.

The expected trading range for today is between 1.2100 support and 1.2270 resistance.

The expected trend for today: Bullish

The EURUSD pair shows positive trading to attempt to move away from 1.0200 level, which supports the continuation of the expected bullish trend scenario for today, targeting 1.0278 then 1.0355 levels as next main stations, pointing that the EMA50 keeps supporting the suggested bullish wave, while holding above 1.0100 represents an important condition for achieving the expected targets.

The expected trading range for today is between 1.0140 support and 1.0300 resistance.

The expected trend for today: Bullish

Coffee price gained some of the positive momentum yesterday, which might push it to form temporary bullish correctional rebound, to test the moving average 55 near 221.00.

The main stability within the bearish channel’s levels that appear in the above image, besides the attempt of forming an extra barrier by the moving average55, so that makes us wait for gathering negative momentum, to ease the mission of renewing the negative attack and reaching 211.60 and 204.40 in the near period.

The expected trading range for today is between 222.00 and 211.60

The expected trend for today: Bearish