The EURUSD pair fluctuates around the bearish channel’s resistance, noticing that the EMA50 continues to press negatively on the price, while stochastic loses its positive momentum clearly to reach the overbought areas.

Therefore, these factors encourage us to continue suggesting the bearish trend for the upcoming period, which its targets begin by breaking 1.1780 to open the way to head towards 1.1700, noting that it is important to hold below 1.1805 to continue the expected decline.

The expected trading range for today is between 1.1700 support and 1.1850 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1846	0.0058	0.4916%
Update: The EURUSD tests the support base
	GBP/USD	1.3906	0.0109	0.7915%

	Tadawul	10933.73	22.68	0.21%

	Silver	25.011	-0.201	0.797%

	Oil	72.416	0.775	1.082%
Midday update for Crude oil 28-07-2021
	Brent Oil	74.74	0.31	0.42%

	Gold	1810.030	7.895	0.438%
Midday update for Gold 28-07-2021

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