Crude oil price bounced downwards clearly after testing 54.60 level, to keep the bearish trend scenario valid and active in the upcoming sessions, supported by stochastic negativity, noting that we are waiting to visit 51.80 level as a next main target.
Gold price finds difficulty to break 1485.00 level, to show bullish bias and test the EMA50, and as long as the price is below 1507.50, our bearish overview will remain active, organized inside the bearish channel that appears on the chart, reminding you that our first main target is located at 1447.00.
The EURUSD pair resumed its positive trading to approach our main waited target at 1.1180, waiting for more rise to breach this level and extend the bullish wave on the short term basis, as the next target is located at 1.1280, reminding you that it is important to hold above 1.1040 to continue the expected rise.
Honeywell's stock surged and shook off negative pressure from the 50-day SMA, amid the dominance of the main upward trend and positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the first resistance at 172.61.
Expected trend for today: Bullish