The EURUSD pair bounced downwards strongly after the rise that it witnessed on yesterday’s evening, and begins today with additional decline to succeed breaking 1.0635 level and holding below it, opening the way to continue the main bearish trend and head towards the next negative target that reaches 1.0515.

Therefore, we expect to witness more bearish bias in the upcoming sessions, supported by the EMA50, taking into consideration that breaching 1.0635 followed by 1.0685 levels will stop the expected decline and lead the price to turn to rise.

The expected trading range for today is between 1.0530 support and 1.0685 resistance.

The expected trend for today: Bearish

Gold price traded with strong positivity to succeed achieving our waited target at 1945.20, noticing that the price surpasses this level now to support the chances of extending the bullish wave and achieve additional gains that reach 1965.00 as a next main station, waiting for more rise that requires holding above 1945.20 to continue the expected bullish trend.

The EURUSD pair rallied upwards strongly to breach the bearish channel’s resistance and head towards achieving expected gains in the upcoming sessions, targeting testing 1.0785 as a next main station, noting that breaching this level will push the price to continue the rise on the longer-term basis, while consolidating below will push the price to resume the main bearish trend again.

Nvidia Corporation's stock (NVDA) fell in the intraday levels, amid negative pressure from the 50-day SMA, with negative signals from the RSI despite reaching oversold levels, amid the dominance of the main upward trend in the medium term. 

Therefore we expect the stock to rise and target the pivotal resistance of 500.00, provided the support of 403.11 holds on.

Expected trend for today: Likely Bullish