The EURUSD pair ended yesterday above 1.1780 level, which stops the recently suggested negative scenario and leads the price to start recovery attempts on the intraday basis, targeting testing 1.1885 level initially.

Therefore, the bullish bias will be expected for today, supported by moving above the EMA50, and the price might witness some temporary negative fluctuation affected by stochastic negativity before resuming the suggested rise, noting that breaking 1.1780 and holding below it will stop the waited bullish bias and press on the price to decline again.

The expected trading range for today is between 1.1740 support and 1.1890 resistance.

The expected trend for today: Bullish

Crude oil price declines strongly now to break 59.85 level again and settles below it, to reinforce the expectations of continuing the bearish trend in the upcoming period, waiting to get a daily close below this level to confirm the continuation of the decline towards our first negative target at 57.25.

The EURUSD pair shows clear rise now to breach 1.1780 and attempts to hold above it, which hints the price head to turn to rise, but we need to wait today’s close and tomorrow’s open until the volumes turn back to the normal situations at the markets followed by confirming the next destination clearly.

Baidu's stock rose 0.99% in the last session amid positive signals from the RSI, while retesting the resistance of 229.90, amid the dominance of the downward short-term correctional wave, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower, targeting the support of 185.23 anew, provided the resistance of 229.90 holds on.

Expected trend for today: Bearish