Crude oil price resumes its positive trading clearly to approach 46.00$ barrier, reinforcing the expectations of continuing the bullish trend that its next main target located at 48.60, reminding you that it is important to hold above 43.75 to achieve the waited targets.
Gold price achieved new rise to reach the thresholds of 1819.00 level but it bounced bearishly to head towards resuming the main bearish trend, to keep the negative scenario active in the upcoming period conditioned by the price stability below 1819.00 and 1830.00 levels, reminding you that we need to break 1794.84 to open the way to rally towards 1765.00 as a next negative target.
The EURUSD pair resumes its positive trading to surpass 1.1900 barrier and settles above it, which supports the expectations of continuing the bullish trend on the intraday and short term basis, and the way is open to visit 1.2011 that represents our next main target, reminding you that it is important to hold above 1.1840 to continue the suggested rise.
Coca-Cola's stock (KO) returned higher in the intraday levels after the support of 52.09 held on, lending it positive momentum amid the dominance of the upward correctional trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of 55.48, provided the support of 52.09 holds on.
Expected trend for today: Bullish