Crude oil price provides new negative trades to attack the intraday bullish channel’s support line, which urges caution from the upcoming trading, as the continuation of the bearish bias and breaking 40.30 will stop the recently suggested positive scenario and press on the price to turn to decline.

Gold price resumes its positive trading to head towards our first waited target at 1967.90, waiting for more rise in the upcoming sessions, which its targets extend to 2008.80 after surpassing the previous level, reminding you that it is important to hold above 1934.86 to continue the expected rise.

The EURUSD pair continues to fluctuate near the intraday bearish channel’s resistance line, and as long as the price is below 1.1870 and 1.1910 levels, our bearish overview will remain valid for the upcoming period, supported by stochastic negativity, reminding you that our next main target is located at 1.1720.

Wheat price shows some bearish bias to approach testing 557.30 level that forms support base after breaching it previously, affected by stochastic negativity, and as long as the price is above this level, our bullish overview will remain valid for today, waiting to resume the bullish bias that targets 590.50 areas on the near term basis.

The expected trading range for today is between 555.00 support and 575.00 resistance.

The expected trend for today: Bullish