Gold price continues to decline to return to the bearish channel again, motivated by stochastic current negativity, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, waiting to visit 1638.00 as a next main station, noting that surpassing this level will push the price to 1614.80 as a next target, while holding below 1660.00 represents key condition to achieve the suggested targets.

The expected trading range for today is between 1625.00 support and 1670.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair crawls downwards calmly, to keep the bearish trend scenario valid and active for today, motivated by stochastic current negativity, waiting for more decline to visit 1.0635 as a next main target, reminding you that it is important to hold below 1.0845 to continue the expected bearish trend.

The expected trading range for today is between 1.0690 support and 1.0850 resistance.

The expected trend for today: Bearish

The EURUSD pair shows more bearish bias to move away from 0.9700, reinforcing the expectations of continuing the bearish trend for the rest of the day, which targets 0.9550 level as a next main station, supported by stochastic and the EMA50 negativity, reminding you that the continuation of the bearish wave depends on the price stability below 0.9700.

The expected trading range for today is between 0.9580 support and 0.9750 resistance.

The expected trend for today: Bearish

Coffee price renewed the positive trades, taking advantage of its stability above the moving average 55 to increase the chances of targeting the positive stations at 236.40 and 243.00.

Also, stochastic attempt to hold above 50 level will increase the chances of gathering the positive momentum to confirm confining trades above 211.10 support line until reaching the suggested positive targets.

The expected trading range for today is between 220.00 and 236.40

The expected trend for today: Bullish