The EURUSD pair’s decline stopped near 1.0800 barrier, and bounced upwards strongly to breach the bearish channel’s resistance and close the daily candlestick above it, to head towards potential turn to rise, targeting 1.0950 followed by 1.1080 levels as next main stations.

Therefore, the bullish bias will be suggested in the upcoming sessions, taking into consideration that breaking 1.0855 and holding below it will stop the positive scenario and press on the price to decline again.

The expected trading range for today is between 1.0830 support and 1.0980 resistance.

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0185	-0.0063	0.6128%
The EURUSD gets the positive momentum – Analysis - 08-08-2022
	GBP/USD	1.2078	-0.0172	1.4041%

	Silver	19.912	-0.384	1.892%

	Oil	89.209	-4.455	4.756%
Crude oil price resumes the decline – Analysis - 08-08-2022
	Brent Oil	95.20	0.30	0.32%

	Gold	1772.250	1.950	0.110%
Gold price leans on the channel’s support line – Analysis - 08-08-2022

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