The EURUSD pair traded with strong negativity to break the bearish pennant’s support line and surpasses our waited negative target at 1.0355 to confirm the extension of the bearish wave on the intraday and short term basis, opening the way to head towards our next target at 1.0250, to keep the bearish trend scenario dominant in the upcoming period conditioned by the price stability below 1.0410.

The expected trading range for today is between 1.0250 support and 1.0360 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0232	0.0035	0.3447%
The EURUSD awaits more rise – Analysis - 09-08-2022
	GBP/USD	1.2113	-0.0004	0.0310%

	Silver	20.619	0.254	1.250%

	Oil	89.498	1.020	1.153%
Crude oil price attempts to recover – Analysis - 09-08-2022
	Brent Oil	95.18	-1.32	1.37%

	Gold	1792.700	11.025	0.619%
Gold price resumes the rise – Analysis - 09-08-2022

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