Crude oil price settles below 40.50, to keep the negative pressure valid for the upcoming period, which targets 38.50 followed by 36.10 as next main stations, reminding you that it is important to hold below 40.50 to achieve the suggested targets.

Gold price faces solid resistance at the recorded top 1981.20 and finds difficulty to breach it, to stay stuck between the key levels represented by the mentioned resistance and 1937.20 support, to continue with our neutrality until now, noting that we need to breach one of these levels to detect the next targets clearly.

The EURUSD pair traded with clear negativity to test the bullish channel’s support line that appears on the chart, waiting to rebound bullishly to resume the main bullish trend, which its targets begin by breaching 1.1890 to open the way to rally towards 1.1995 as a next main station, reminding you that it is important to hold above 1.1760 to continue the suggested rise.

Wheat price makes a new test to 536.80 level, as we mentioned in our last reports, the price needs to settle below this level, to keep the bearish trend scenario active in the upcoming period, supported by stochastic negativity, reminding you that our initial main target is located at 520.20.

The expected trading range for today is between 520.00 support and 536.80 resistance.

The expected trend for today: Bearish