The EURUSD pair rallied upwards to breach 1.0465 level and turns to rise on the intraday basis, targeting testing 1.0550 level, being aware that we need to monitor the price when reaching this level, as continuing the rise and breaching it will lead the price to achieve additional gains that reach 1.0670, while consolidating against the bullish rally will press on the price to resume the main bearish trend again.

The expected trading range for today is between 1.0400 support and 1.0550 resistance.

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The expected trend for today: Bullish for the rest of the day

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0508	-0.0082	0.7712%
The EURUSD attempts to breach – Analysis - 08-12-2022
	GBP/USD	1.2193	-0.0112	0.9111%

	Silver	22.666	-0.491	2.123%

	Oil	72.555	-8.920	10.948%
Crude oil price suffers more losses – Analysis - 08-12-2022
	Brent Oil	77.76	0.60	0.78%

	Gold	1785.380	-10.180	0.567%
Gold price resumes the bullish bias – Analysis - 08-12-2022

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