Crude oil price faces negative pressure now to approach the EMA50, and as long as the price is above 41.05, our bullish overview will remain valid for the upcoming period, supported by stochastic head towards the oversold areas, reminding you that our extended target reaches 45.00.
Gold price succeeded to breach 1934.68 level and approaches our first waited positive target at 1967.90, which supports the continuation of our bullish overview efficiently in the upcoming sessions, which its next target located at 2008.80, noting that the continuation of the bullish wave requires holding above 1934.68 as a first condition.
The EURUSD pair faces negative pressure now to approach 1.1800 barrier, affected by stochastic negativity, waiting to get positive motive that assists to push the price to resume the expected bullish trend for today, which its next target located at 1.1908, reminding you that it is important to hold above 1.1737 to continue the expected rise.
McDonald's stock traded flat with a minute 0.01% profit, as it moves alongside the upward short-term trend line, with support from the 50-day SMA, countered with negative signals from the RSI.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 218.12, provided it steadies above 202.50.
Expected trend for today: Bullish