The EURUSD pair provided additional negative trades yesterday to approach our waited target at 1.0795, showing some bullish bias to head towards potential test to the key resistance 1.0860, as it is affected by stochastic positivity that loses the positive momentum clearly now, waiting to motivate the price to resume the bearish wave in the upcoming sessions, noting that surpassing the mentioned target will push the price to 1.0730 as a next correctional target.

 Therefore, we will continue to suggest the bearish trend on the intraday basis unless breaching 1.0860 followed by 1.0880 levels and holding above them.

The expected trading range for today is between 1.0755 support and 1.0910 resistance.

The expected trend for today: Bearish

Crude oil price rallied upwards strongly to breach 71.55 level and approaches 73.80, to turn to rise in the upcoming sessions, noting that breaching the last level will extend the bullish wave to reach 76.10, while consolidating against the current bullish rally will push the price to rebound bearishly and visit 71.55 again.

Gold prices succeeded to touch our waited target at 1977.25 and finds solid support there, to show some bullish bias now, and we need to monitor the upcoming trading, as breaking the mentioned level represents the key to extend the correctional bearish wave to reach 1945.20 as a next station, while consolidating above it will push the price to recover and achieve gains that start by testing 2016.95 areas.

Brent oil price leaned on the key support 74.30 and bounced upwards to attempt to resume the expected bullish trend for today, getting continuous positive support by the EMA50, waiting to achieve our positive targets that start at 76.80.

In general, we will continue to suggest the bullish trend on the intraday basis unless breaking 74.30 and holding with a daily close below it.

The expected trading range for today is between 73.80 support and 76.80 resistance.

The expected trend for today: Bullish