Crude oil price managed to break 67.40 level and settles below it, which supports the continuation of the bearish trend efficiently in the upcoming sessions, paving the way to head towards 61.83 that represents our next main target, taking into consideration that holding below 67.40 represents the first condition to continue the expected decline.

Gold price attempted to breach 1797.00 level but it bounced downwards sharply to achieve the waited negative target at 1770.00, and the way seems open to continue the decline to break the mentioned level and open the way to achieve more negative targets that reach 1734.00, reminding you that it is important to hold below 1797.00 to continue the expected bearish wave.

The EURUSD pair bounced downwards strongly after testing 1.1375 level, to return to the bearish channel again and confirm the continuation of the overall bearish trend, reminding you that our main waited target reaches 1.1145, while achieving it requires holding below 1.1375.

Wheat price broke 817.00 strongly to stop the positive scenario and turn to decline on the intraday basis, expecting the continuation of the bearish bias to visit 775.00 followed by 770.00 levels mainly.

Therefore, the bearish bias will be suggested in the upcoming sessions unless the price managed to breach 817.00 and hold above it again.

The expected trading range for today is between 800.00 support and 817.00 resistance.

The expected trend for today: Bearish