Crude oil price succeeded to touch our waited target at 54.47 and presses negatively on it, to support the chances of extending the bearish wave on the intraday and short term basis, reminding you that the next target reaches 51.61, while the continuation of the expected bearish trend conditions holding below 57.33.

Gold price provided strong positive trades today but it declines again to attempt to move below 1498.00, which makes us continue with our neutrality until the price confirms the next destination clearly, waiting to confirm the stability above the mentioned level or breaking it to trade below it again.

Note that the details of the expected targets of the upcoming period are explained in our previous report.

The EURUSD pair showed mixed trades today after the ECB rate decision, and it attempted to break 1.1005 but it returns to rise and approach our waited positive target at 1.1095, to keep the bullish trend suggested conditioned by the price stability above 1.1005, noting that breaching the targeted level will extend the bullish wave to reach 1.1180 as a next main station.

The NZDUSD pair shows slight bearish bias now, as long as the price is above 0.6390,so our bullish trend expectations will remain valid for today, supported by the EMA50, remdining you that our next main target at 0.6470.

The expected trading range for today is between 0.6390 support and 0.6490

The expected trend for today: Bullish