The EURUSD pair’s decline stopped at 1.1400 barrier, to lean on the intraday bullish channel’s support line that it forms now and begins the attempts to resume the bullish trend, motivated by stochastic current positivity, waiting for more rise in the upcoming sessions, noting that we are waiting to visit 1.1500 followed by 1.1560 levels as next main stations.

On the other hand, we should note that breaking 1.1375 will stop the suggested positive scenario and press on the price to return to the bearish track again.

The expected trading range for today is between 1.1350 support and 1.1510 resistance.

The expected trend for today: Bullish

The EURUSD pair faces strong negative pressure to head towards testing the key support 1.1375, and as we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend valid and active for the upcoming period, supported by stochastic reach to the oversold areas, reminding you that our waited targets begin at 1.1500 and 1.1560.

Brent oil price rallies upwards to reach 85.00$ barrier, waiting for more bullish bias to test 85.80 level that represents our next main target, to continue suggesting the bullish trend that moves organized inside the bullish channel that appears on the chart, supported by stochastic positivity, noting that holding above 83.00 is required to achieve the waited targets.

The expected trading range for today is between 82.70 support and 85.70 resistance.

The expected trend for today: Bullish

Crude oil price shows new positive trades to return to the bullish channel again, motivated by stochastic current positivity, waiting for more rise to visit 84.00 followed by 85.40 as next main targets, reminding you that the continuation of the bullish wave requires holding above 81.40.

The expected trading range for today is between 80.50 support and 83.60 resistance.

The expected trend for today: Bullish