The EURUSD pair shows some slight bullish bias after finding solid support at 1.0775, to approach testing the previously broken support line that turns into key resistance at 1.0840, accompanied by stochastic loss to the positive momentum gradually, while the EMA50 forms negative pressure against the price.

Therefore, we believe that the chances valid to rebound bearishly and resume the main bearish trend, reminding you that our next targets begin at 1.0700 and extend to 1.0640, while achieving them requires holding below 1.0840.

The expected trading range for today is between 1.0700 support and 1.0900 resistance.

The expected trend for today: Bearish

Crude oil price rose strongly to surpass our first suggested positive target at 27.65 and paves the way to head towards 30.00 barrier that represents our next station, to keep the bullish trend dominant in the upcoming sessions, organized inside the bullish channel that appears on the chart, noting that holding above 26.50 represents main condition to continue the suggested rise.

Gold price shows slight bullish bias to crawl gradually towards 1633.60, getting continuous positive support by the EMA50, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 1571.20, reminding you that breaching the first target will push the price to 1689.30 as a next positive target.

The EURUSD pair hovers around 1.0800 level, and as long as the price is below 1.0840, the negative pressure will remain valid for the upcoming period, supported by the EMA50 that supports the chances of heading towards our negative targets that reach 1.0700 followed by 1.06000.