Crude oil price trades with clear positivity to breach 67.40 level and attempts to hold above it, which hints heading to attempt to recover in the upcoming sessions and head to test 70.85 areas initially, to stay aside until the price confirms its situation according to 67.40 level to confirm the next destination clearly.
Note that trading below this level again will reactivate the bearish trend scenario that its next main target located at 61.85.
The expected trading range for today is between 66.50 support and 69.50 resistance.
The expected trend for today: Neutral
Gold price provided positive trades this morning but it declines againt to trade below 1770.00, which keeps our bearish overview valid and active for today, which targets 1734.00 level mainly, noting that consolidating above 1770.00 might lead the price to visit 1797.00 before any new negative attempt.
The expected trading range for today is between 1750.00 support and 1785.00 resistance.
The expected trend for today: Bearish
The GBPUSD pair crawls downwards calmly, to keep the bearish trend scenario valid and active for the upcoming sessions, supported by the negative pressure formed by the EMA50, reminding you that our waited target is located at 1.3160, while achieving it requires holding below 1.3355 and the most important below 1.3405.
The expected trading range for today is between 1.3180 support and 1.3355 resistance.
The expected trend for today: Bearish
The EURUSD pair hovers around the EMA50 since morning, and didn’t show any strong move, waiting for the US data today, which might cause high volatility at the markets.
In general, we will keep our bearish overview for today as long as 1.1375 level remains intact, reminding you that our main waited targets begin at 1.1240 and extend to 1.1150.
The expected trading range for today is between 1.1200 support and 1.1375 resistance.
The expected trend for today: Bearish