The EURUSD pair begins to provide positive trades now, in attempt to resume the expected bullish trend for the upcoming period, as stochastic managed to get rid of the negative momentum and gain positive momentum that we are waiting to assist to push the price to achieve gains in the upcoming sessions, noting that we need to breach 1.1670 to confirm heading towards 1.1760 as a next target.

Therefore, we will keep our bullish overview unless breaking 1.1525 and holding below it.

The expected trading range for today is between 1.1570 support and 1.1720 resistance.

The expected trend for today: Bullish

Crude oil price tested 81.75 and bounced upwards strongly to approach 83.85 level, which makes us continue with our neutrality until we get clearer signal for the next trend, noting that breaching the last level will lead the price to achieve more gains and resume the main bullish trend that its next target located at 85.00.

Gold price faces strong negative pressure now to attack 1770.00 level, which urges caution from the upcoming trading, as breaking this level will push the price to turn to decline again, to head towards visiting 1735.00 areas on the near term basis, while consolidating above 1770.00 will lead the price to head towards 1797.00 as a first positive target.

Gold price faces strong negative pressure now to attack 1770.00 level, which urges caution from the upcoming trading, as breaking this level will push the price to turn to decline again, to head towards visiting 1735.00 areas on the near term basis, while consolidating above 1770.00 will lead the price to head towards 1797.00 as a first positive target.