Crude oil price kept declining to test the key support 64.35, and as we mentioned in our major reports, the price needs to consolidate above this level to keep the bullish trend scenario active for the upcoming period, noting that the waited targets begin by breaching 65.60 to open the way to head towards 67.95 as a next main station.

Gold price rallied upwards strongly to breach 1800.00 level and settle around 1815.00 level now, which supports the expectations of achieving more gains on the intraday and short term basis, targeting 1838.00 as a next station, noting that holding above 1784.00 is important to continue the expected rise.

The EURUSD pair tested 1.2064 level and kept its stability below it, to keep the bearish trend scenario valid and active for the upcoming period, supported by stochastic negativity, waiting to test 1.1975 as a first negative target.

Wheat price approached our first waited target at 754.80 and bounced bearishly to head towards potential test to the first key support 738.00, affected by stochastic negativity, waiting to get positive motive that assist to push the price to resume the expected bullish trend for the upcoming period, which its next target located at 768.50, while achieving it requires holding above 738.00 and 726.80.

The expected trading range for today is between 735.00 support and 765.00 resistance.

The expected trend for today: Bullish