Crude oil price continues to fluctuate at 54.60 and still above it, waiting to break this level to confirm rallying towards our negative targets that reach 51.80, reminding you that it is important to hold below 55.55 to continue the expected decline.
Gold price shows negative trading to press on the main bullish trend line that appears on the chart, which urges caution from the upcoming trading, as confirming breaking 1485.00 will stop today’s suggested positive scenario and press on the price to start correctional bearish wave, while consolidating above it will push the price towards 1555.00 as a next positive target.
MoreThe EURUSD pair attempted to breach the bearish channel’s resistance but it returns to fluctuate below it, to keep the bearish trend scenario active for the upcoming period, which its next target located at 1.0857, while its continuation requires holding below 1.1095.
MoreThe NZDUSD pair tests 0.6390 and keeps its stability above it, to keep the bullish trend scenario valid until now, supported by stochastic and the EMA50 positivity, waiting to resume the bullish bias that its next target located at 0.6470.
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