Crude oil price shows new strong positive trades to surpass 90.00 level and confirms targeting the next positive station at 93.17, waiting for more rise in the upcoming sessions, supported by the EMA50, noting that it is important to hold above 89.70 to continue the expected bullish trend.

Gold price succeeded to achieve our waited positive target at 1660.00 and breaches it to attempt to hold above it, to support the chances of achieving more gains in the upcoming period, paving the way to head towards 1686.40 as a next main target, noting that holding above 1660.00 represents initial condition to continue the expected rise.

The EURUSD pair rallied upwards strongly to breach 0.9810 and attempts to hold above it, affected by the negative US unemployment data, to head towards achieving expected gains in the upcoming sessions, noting that holding above the mentioned level will push the price to 1.0000 as a main positive target, while trading below it again will reactivate the negative scenario that its next target located at 0.9700.

Brent oil price succeeded to breach 97.70 level strongly to rally upwards and confirm the continuation of the bullish trend on the intraday and short term basis, opening the way to head towards our main waited target at 100.00, waiting for more rise in the upcoming sessions supported by stochastic and the EMA50 positivity, taking into consideration that breaking 97.70 might press on the price to turn to decline on the intraday basis and visit 93.73 areas before any new attempt to rise.

The expected trading range for today is between 95.80 support and 99.50 resistance.

The expected trend for today: Bullish