Despite the daily close below 1.0887, the EURUSD pair begins today with new bullish bias to breach this level and settles above it, which hints the price continuous attempts to achieve more bullish correction, supported by stochastic positivity.

Now, we prefer staying aside until the price confirms its situation according to the above mentioned level, noting that holding above it will lead the price to achieve additional positive targets that start at 1.0954 and might extend to 1.1008, while trading below 1.0887 again will reactivate the main bearish trend scenario that its next targets located at 1.0760 followed by 1.0680.

The expected trading range for today is between 1.0830 support and 1.0985 resistance.

The expected trend for today: Neutral

Crude oil price shows new attempts to break 49.40 level now, reinforcing the expectations of continuing the bearish trend for the upcoming period, waiting to head towards 48.27 that represents our next main station, reminding you that it is important to hold below 51.30 to continue the expected decline.

Gold price shows new negative trades to press on 1635.20 level, which urges caution from the upcoming trading, as breaking it will put the price under additional negative pressure that targets 1601.70 areas mainly, while breaching 1655.90 represents the key to resume the main bullish trend that its next target located at 1720.00.

The EURUSD pair returns to trade below 1.0887 after attempting to breach it today, to keep the bearish trend scenario active for the upcoming period, and the price needs to break 1.0845 to ease the mission of heading towards 1.0760 that represents our next main target, reminding you that it is important to hold below 1.0887 to continue the expected decline.