The EURUSD pair settles around 1.1440 level after the strong bullish rally that it witnessed yesterday, waiting for more rise to visit 1.1500 followed by 1.1560 levels that represent our next main targets.

Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50 that carries the price from below, noting that holding above 1.1375 is important to achieve the expected targets.

The expected trading range for today is between 1.1375 support and 1.1530 resistance.

The expected trend for today: Bullish

Crude oil price managed to breach 81.75 level strongly and rallies to reach 83.00 barrier, waiting for more rise that its next target located at 84.00, while the continuation of the bullish wave depends on the price stability above 79.80.

Gold price managed to breach 1825.15 level and attempts to hold above it, which supports the continuation of the bullish trend scenario efficiently in the upcoming sessions, on its way to visit 1860.00 as a next main station, while holding above 1825.15 represents initial condition to continue the expected rise.

The EURUSD pair rallied upwards to breach 1.1375 and confirm opening the way to extend the bullish wave, opening the way to head towards our next target at 1.1500, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 1.1375.